Volotea: Niche LCC
Seeking Investment — February 2025

Volotea has established itself as an attractive LCC operating in an unusual market — thin routes connecting secondary and tertiary cities. Battered by the pandemic, it needs to rebuild its balance sheet by attracting new capital and, maybe an airline partner.

Volotea was founded in 2011 by Carlos Muñoz and Lázaro Ros, who had previously set up Vueling. The two remain major shareholders in Volotea, along with private equity investors.