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Volaris and Hainan Airlines Codeshare Deal

Volaris, a leading low-cost carrier in Mexico, and Hainan Airlines, a major Chinese airline, are planning to launch a codeshare agreement in the second half of 2025, pending regulatory approval. This strategic partnership is expected to enhance passenger connectivity between Mexico and China, expanding travel options and boosting economic and cultural exchanges.

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CDB Aviation Delivers A320neo to Volaris

CDB Aviation, a global aircraft leasing platform based in Ireland and a wholly owned subsidiary of China Development Bank Financial Leasing, has completed the delivery of an Airbus A320neo to Volaris, one of Mexico’s leading low-cost airlines. This transaction reflects Volaris’s continued strategy of expanding and modernizing its all-Airbus fleet with fuel-efficient and environmentally progressive aircraft.

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Ashland Place Finalizes A320 Lease Facilities For Sirius Aviation

Ashland Place Finance, a U.S.-based aviation finance provider, has completed two new aircraft leasing facilities for Sirius Aviation Capital Holdings, headquartered in the UAE. The transaction includes two Airbus A320 aircraft now on operating lease with Peach Aviation of Japan and Volaris of Mexico, enhancing both carriers’ narrowbody fleets.

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Volaris Reports Q1 2025 Loss On Lower Revenue

Volaris reported a net loss of US$51 million for the first quarter of 2025, driven by a 12% decline in total operating revenue to US$678 million. The Mexican ultra-low-cost carrier also reported total liquidity of US$862 million, including cash, cash equivalents, and short-term investments.

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Volaris Expands Fleet with New A320neo

Volaris, a leading low-cost airline based in Mexico, has recently expanded its fleet with the acquisition of a new A320neo, serial number 12485, powered by PW1127G-JM engines. This addition is part of Volaris’s strategic initiative to modernize its fleet with more fuel-efficient and environmentally friendly aircraft.

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Volaris Reports $46M Net Income in Q4 2024 Amid Revenue Decline

Volaris, Mexico’s leading ultra-low-cost airline, posted a net income of $46 million for the fourth quarter of 2024, despite a 7% decline in operating revenue to $835 million. The airline’s financial position remained strong, with total cash, cash equivalents, restricted cash, and short-term investments reaching $954 million.