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Founded | 2011 | ||||||
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Commenced operations | March 2012 | ||||||
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Fleet size | 24 | ||||||
Destinations | 52 | ||||||
Headquarters | Barcelona, Spain | ||||||
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Website | volotea.com |
Volotea [ˈbo.lo.te.a] is a Spanish low cost airline headquartered in Barcelona with bases in Spain, Italy and France.
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." It commenced operations on 5 April 2012, from Venice Marco Polo Airport.
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 America's Continental Airlines, and also chairs Volotea's board. The company raised over €50m before operations began.
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. In March 2015, it was announced that Volotea will receive a further four 717s from Blue1. However, in November 2015, Volotea announced plans to phase out their 717 fleet over the next few years and replace it with Airbus A320 family aircraft.
As of April 2016, the Volotea fleet consists of the following aircraft: