Volaris to lease 16 new aircraft

11 February 2014

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (Volaris) (NYSE: VLRS) (BMV: VOLAR) said it has signed a letter of intent with a leading aircraft lessor for 16 aircraft, comprised of ten new A320neo and six new A321neo, driving fleet growth while significantly enhancing efficiency.

These NEO aircraft, powered Pratt Whitney´s PW1100G engines, will be delivered between 2016 and 2018.

Volaris CEO Enrique Beltranena said: “These 16 aircraft together with the existing orders underpin the Volaris growth strategy by having a young, efficient and uniform fleet. Early delivery of next generation, fuel efficient Airbus A320neo and A321neo will allow us to maximize the use of airport slots in key markets and continue to further reduce our operating costs.”

Volaris is an ultra-low-cost carrier, or ULCC, serving Mexico and the US. Volaris utilizes its ULCC business model and efficient operations to offer low base fares and to stimulate demand while aiming to provide high quality customer service. For more information, visit: www.volaris.com

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