Volotea

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Volotea
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Volotea Airbus A319 preparing to land at Nice Côte d'Azur Airport
IATA ICAO Call sign
V7 VOE VOLOTEA
Founded2011; 15 years ago (2011)
Commenced operations5 April 2012; 14 years ago (2012-04-05)[1]
Operating bases
Frequent-flyer programMegavolotea
Fleet size41
Destinations79
HeadquartersAsturias Airport, Castrillón, Spain (registered office)
Key people
  • Carlos Muñoz (CEO)
  • Lázaro Ros (CEO)
Revenue€ 694 million (2023)
Employees2,000
Websitewww.volotea.com

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Volotea (Script error: No such module "IPA".) is a Spanish low-cost airline registered in Castrillón[2] and headquartered in Barcelona.[3]

History

File:Volotea's head office's building.JPG
Volotea's head office in Barcelona

Foundation and early years

Volotea was established by Alaeo S.L. from Barcelona, a company created by former Vueling founders, Carlos Muñoz and Lázaro Ros. The name "Volotea" originates from the Spanish verb "revolotear", meaning "to fly around".[4] It commenced operations on 5 April 2012, from Venice Marco Polo Airport.[5]

The company is backed by three private-equity funds, two of them from Europe (Axis Participaciones Empresariales and Corpfin Capital) and a third from the United States (CCMP Capital), whose chairman, Greg Brenneman, was one-time President and COO of the US airline Continental Airlines,[6] and also chairs Volotea's board. The company raised over €50m before operations began.[7] US CCMP Capital Partners holds 49% of voting rights; Axis and Corpfin Capital 25%; and Muñoz and Ros 26% along with relatives: this ownership has existed since foundation, but it could change before an initial public offering prior to 2021–2022.[8]

After studying the Bombardier CRJ1000 and the Embraer E-195 in 2011, Volotea selected the Boeing 717 after Southwest Airlines acquired AirTran and replaced its 717 fleet.[8] Boeing announced on 15 February 2012 that it had signed a long-term lease deal with Volotea for an undisclosed number of Boeing 717 aircraft.[9] In March 2015, it was announced that Volotea would receive a further four 717s from Blue1.[10] However, in November 2015, Volotea announced plans to phase out its 717 fleet over the next few years and replace it with Airbus A320 family aircraft.[11]

Volotea opened 90 routes in its first year, of which 40 were closed within two years; it operated almost 300 routes in summer 2018 including 220 openings, and this could double to at least 500-600 across Europe. Volotea has been non profitable since 2014, a turnover of €360 million ($431 million) is expected in 2018 after $347M in 2017, carrying 5.7 to 6 million passengers, 50% being leisure travellers, 35% visiting friends and relatives, and 15% business travellers.[8]

Due to the 2017–18 Spanish constitutional crisis, in 2017, Volotea changed the headquarters to Asturias.[12]

Development since 2020

In January 2021, Volotea retired the last of its 19 Boeing 717-200s.[13] It was the last European airline to operate the type. In October 2021, Volotea won the auction for handling the PSOs, for a period of 7 months, to and from the island of Sardinia, organised by the Autonomous Region of Sardinia on behalf of the Italian Government.[14][15][16] The airline operated the PSO services by offering daily flights, as per what required by the auction, from the Sardinian airports of Cagliari-Elmas, Olbia-Costa Smeralda and Alghero-Fertilia to the Italian airports of Rome Fiumicino and Milan Linate. The PSO operations started on 15 October 2021 and are to end on 15 May 2022.[15]

In January 2022, Volotea announced the closure of its base at Genoa Airport after five years, ending 14 routes.[17] In March 2022, the company announced its intentions to take part in the upcoming PSO auction in Sardinia, which had been previously announced by the Autonomous Region of Sardinia, solely with the route from Cagliari-Elmas to Rome Fiumicino airport, being it the most profitable service within the PSO scheme, while data regarding the other routes was being analysed as they were also being taken into consideration.[18] Subsequently, at the end of the month, ITA Airways announced its willingness to operate PSO service routes from all Sardinian airports without any financial compensations for an year until May 2023.[19] As a result, Volotea announced on 28 March 2022 that it was also interested in covering all PSO routes, without financial compensations, from both Cagliari-Elmas and Olbia-Costa Smeralda airports, after having analysed data from their previous PSO experience.[20] In April 2022, Carlos Muñoz, the CEO of the company, eventually announced Volotea had reached an agreement with ITA Airways; according to which the airline will operate only half of the frequencies, while the remaining ones would be assigned to the counterpart.[21]

In May 2023, Volotea and Eurowings signed a cooperation agreement with reciprocal sales of 150 routes.[22]

Corporate affairs

The key trends for Volotea are:[23]

Revenue
(€m)[24]
Number of
employees
Number of
passengers
(m)[25]
Passenger
load factor
(%)[26]
Number of
routes
Fleet size References
2018 396 6.5 93 [27]
2019 441 1,300 7.6 94 319 36 [28]
2020 192 1,120 3.8 90.7 285 36 [29]
2021 302 1,209 6.0 354 41 [30]
2022 557 1,326 9.4 91 360 41 [31]
2023 694 1,800 10.4 410 44 [32]
2024 811 2,000 11.4 450 45 [33]

Destinations

The focus of Volotea's route network is on destinations around the European side of the Mediterranean coast as well as Western and Southern Europe. As of May 2018, Volotea serves metropolitan and leisure destinations mainly in Spain, France, Italy and Greece with destinations in Austria, Croatia, Czechia, Germany, Luxembourg, Norway and Portugal.[34] Volotea served its first African destination (Tangier, Morocco) on 5 April 2019.[35]

Codeshare and interline agreements

Volotea has codeshare and interline agreements with the following airlines:

Codeshare

Interline

Fleet

File:Airbus A319 Volotea (33029190796).jpg
Volotea Airbus A319-100
File:Volotea, EC-NUP, Airbus A320-214.jpg
Volotea Airbus A320-200
File:Boeing 717-2BL, Volotea Airlines JP7674151.jpg
Volotea Boeing 717-200 before retirement

Current fleet

As of August 2025, Volotea operates an all Airbus A320 family fleet composed of the following aircraft:[40]

Volotea fleet
Aircraft In service Orders Passengers Notes
Airbus A319-100 17 138
156
Airbus A320-200 24 174
180
Total 41

Historical fleet

Former fleet
Aircraft Total Introduced Retired Notes
Boeing 717-200 19 2012 2021 Last European operator.[13]

Accidents and incidents

  • On 8 July 2025, a man died after trespassing onto the taxiway of Milan Bergamo Airport in Italy and was ingested into one of the engines of a Volotea Airbus A319 departing to Asturias, Spain. The incident is currently being treated as a suspected suicide.[41]

Award and recognition

On 24 June 2024, Volotea was voted 2024 Best Low-Cost Airline in Europe by Skytrax.[42]

References

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  1. ^ Page Module:Citation/CS1/styles.css has no content.Drum, Bruce (31 March 2012). "Volotea starts charter operations". Retrieved 21 February 2017.
  2. ^ Page Module:Citation/CS1/styles.css has no content."Conditions of carriage". Volotea. 17 November 2020. Retrieved 2023-08-03. [...]registered address at Aeropuerto de Asturias, Santiago del Monte (Castrillón), 33459, Spain[...]
  3. ^ Page Module:Citation/CS1/styles.css has no content."About Volotea". Volotea. 23 February 2023. Retrieved 2023-08-03. where you can find us Our offices Travessera de Gracia 56, 4ª. 08006 - Barcelona
  4. ^ Baigorri, Manuel. "New Carrier Volotea Sets Up In Barcelona, Base Of Failed Spanair." Bloomberg. 15 February 2012. Retrieved on 12 June 2012.
  5. ^ Page Module:Citation/CS1/styles.css has no content."Venice launch for Europe's newest LCC Volotea; 76 routes planned this summer across 53 airports in 10 countries". anna.aero. 12 April 2012. Retrieved 16 July 2017.
  6. ^ "Right Away and All at Once: How We Saved Continental". In: Harvard Business Review on Crisis Management.
  7. ^ Page Module:Citation/CS1/styles.css has no content.King, Amy (February 17, 2012). "CCMP, Axis and Corpfin back Volotea". unquote.com. Retrieved July 16, 2017.
  8. ^ a b c Page Module:Citation/CS1/styles.css has no content.Clark, Oliver (23 May 2018). "INTERVIEW: Carlos Munoz, chief executive, Volotea". Flightglobal.
  9. ^ Page Module:Citation/CS1/styles.css has no content."Boeing, New European Airline Volotea Agree to 717 Leasing Deal". boeing.mediaroom.com. February 15, 2012. Retrieved July 16, 2017.
  10. ^ Page Module:Citation/CS1/styles.css has no content."Finland's Blue to offload B717 fleet to Volotea, Delta". Retrieved 21 February 2017.
  11. ^ Page Module:Citation/CS1/styles.css has no content."Volotea to phase out B717s in favour of A319s". ch-aviation.com. November 10, 2015. Retrieved July 16, 2017.
  12. ^ Page Module:Citation/CS1/styles.css has no content."Volotea traslada su sede social de Barcelona a Asturias, donde tiene su única base en España" [Volotea moves its headquarters from Barcelona to Asturias, where it has its only base in Spain]. www.europapress.es (in español). Europa Press. 2017-10-19. Retrieved 2021-02-26.
  13. ^ a b Page Module:Citation/CS1/styles.css has no content.Macca, Marco (2021-01-11). "Volotea: The End of The Boeing 717 in Europe". Airways Magazine. Retrieved 2021-01-11.
  14. ^ Page Module:Citation/CS1/styles.css has no content."Continuità, rotte a Volotea - Regione Autonoma della Sardegna". www.regione.sardegna.it. Retrieved 2022-04-19.
  15. ^ a b Page Module:Citation/CS1/styles.css has no content."Volotea batte Ita e si aggiudica voli agevolati Sardegna - Sardegna". Agenzia ANSA (in italiano). 2021-10-13. Retrieved 2022-04-19.
  16. ^ Page Module:Citation/CS1/styles.css has no content."Volotea Wins Territorial Continuity for the Sardinian Routes". 14 October 2021.
  17. ^ aviacionline.com 29 January 2022
  18. ^ Page Module:Citation/CS1/styles.css has no content."Aerei: Sardegna, in estate con Volotea solo Cagliari-Fiumicino - Sardegna". Agenzia ANSA (in italiano). 2022-03-22. Retrieved 2022-04-19.
  19. ^ Page Module:Citation/CS1/styles.css has no content.Madeddu, Davide (2022-03-24). "Ita Airways pronta ai voli in continuità territoriale". Il Sole 24 ORE (in italiano). Retrieved 2022-04-19.
  20. ^ Page Module:Citation/CS1/styles.css has no content."Aerei: sfida sui cieli sardi tra Ita e Volotea, che rilancia - Sardegna". Agenzia ANSA (in italiano). 2022-03-28. Retrieved 2022-04-19.
  21. ^ Page Module:Citation/CS1/styles.css has no content."Volotea: Munoz, con Ita divisi voli Cagliari e Olbia al 50% - Sardegna". Agenzia ANSA (in italiano). 2022-04-06. Retrieved 2022-04-19.
  22. ^ Page Module:Citation/CS1/styles.css has no content."Volotea and Eurowings sales partnership signed". Volotea. 2023-06-09. Retrieved 2023-11-13.
  23. ^ Page Module:Citation/CS1/styles.css has no content."Corporate Social Responsibility at Volotea". Volotea. 2023-10-04. Retrieved 2023-11-13.
  24. ^ Page Module:Citation/CS1/styles.css has no content."Volotea: turnover 2016-2020". Statista. Retrieved 2023-11-13.
  25. ^ Page Module:Citation/CS1/styles.css has no content."Volotea: passenger traffic 2015-2020". Statista. Retrieved 2023-11-13.
  26. ^ Page Module:Citation/CS1/styles.css has no content."Volotea: passenger load factor 2017-2020". Statista. Retrieved 2023-11-13.
  27. ^ Page Module:Citation/CS1/styles.css has no content."Non financial information report Volotea 2018" (PDF). Volotea. Retrieved November 13, 2023.
  28. ^ Page Module:Citation/CS1/styles.css has no content."Non financial information report Volotea 2019" (PDF). Volotea. Retrieved November 13, 2023.
  29. ^ Page Module:Citation/CS1/styles.css has no content."Non financial information report Volotea 2020" (PDF). Volotea. Retrieved November 13, 2023.
  30. ^ Page Module:Citation/CS1/styles.css has no content."Non financial information report Volotea 2021" (PDF). Volotea. Retrieved November 13, 2023.
  31. ^ Page Module:Citation/CS1/styles.css has no content."Non financial information report Volotea 2022" (PDF). Volotea. Retrieved November 13, 2023.
  32. ^ Page Module:Citation/CS1/styles.css has no content."VOLOTEA REPORTS". Volotea. 11 July 2024. Retrieved August 28, 2024.
  33. ^ Page Module:Citation/CS1/styles.css has no content."Volotea surpassed 148m. euros in EBITDA and 11m. euros in revenue in 2024". traveldailynews. 25 February 2025. Retrieved 22 March 2025.
  34. ^ Page Module:Citation/CS1/styles.css has no content."Destinations". Volotea. 2020-11-17. Retrieved 20 May 2018.
  35. ^ Page Module:Citation/CS1/styles.css has no content."Volotea ouvre un Nantes – Tanger" [Volotea opens a Nantes - Tangier]. air-journal.fr (in français). 12 November 2018. Retrieved 15 November 2018.
  36. ^ Page Module:Citation/CS1/styles.css has no content."Airline Partners | About Aegean". Aegean Airlines. Retrieved 2024-09-26.
  37. ^ Page Module:Citation/CS1/styles.css has no content."Volotea flights". www.eurowings.com.
  38. ^ Page Module:Citation/CS1/styles.css has no content."Volotea e ITA Airways siglano un accordo di code share". 17 April 2026.
  39. ^ Page Module:Citation/CS1/styles.css has no content."Frenchbee Connect". Dohop. Archived from the original on 16 July 2024. Retrieved 16 July 2024.
  40. ^ Page Module:Citation/CS1/styles.css has no content."Global Airline Guide 2025 - Volotea". Airliner World. September 2025. p. 75.
  41. ^ Page Module:Citation/CS1/styles.css has no content."Italy's Milan Bergamo airport resumes flights with delays after man sucked into aircraft engine". Euronews. 8 July 2025. Retrieved 8 July 2025.
  42. ^ Page Module:Citation/CS1/styles.css has no content.James Plaisted (2024-06-24). "Qatar Airways World's Best Airline at 2024 World Airline Awards". SKYTRAX. Retrieved 2024-11-27.

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