Volotea has this week announced the addition of three more Airbus A320 aircraft, as growth at the Spanish carrier continues.
The airline has been making waves around Spain and France in the last 12 months, with this expected to continue.
Without further ado, let’s get into it…
Volotea Expects 60% Increase in Passengers…
The three new Airbus A320 aircraft added into the Volotea fleet highlights the approach to passenger growth.
Such a delivery event now means the airline has 44 aircraft in the fleet.
Furthermore, around 12.5m-13m seats will be on offer for the 2024 program, with the expectation of handling 12m passengers.
Stephen Rapp, Chief Financial Officer of Volotea said the following on this:
“We are very proud to continue our growth in alignment with the expansion plans we set for this year and to do so hand-in-hand with Airbus as a valued partner.”
“Last year alone, Volotea transported over 10 million passengers on approximately 70,000 flights, with an average occupancy rate of 92% for our scheduled flights.”
“With a revenue of around €700 million and historic financial margins for a company with just over ten years of existence, the forecast for this year is to continue growing and increase our capacity by 15%.”
“The addition of these new aircraft will prepare us for the demand of the summer season, traditionally the busiest time for the company.”
“In addition, the more modern and efficient Airbus A320 will help us in our ongoing efforts to improve our competitiveness and achieve our emissions reduction targets, while continuing to offer our customers the best service.”
The Airline’s Fleet…
The breakdown of the Volotea fleet is all-Airbus, to keep within the theme of commonality in the cockpit.
By the time the additional three aircraft are delivered, the breakdown of the 44 is as follows:
- 20 A319s.
- 24 A320s.
Such fleet development began in 2021 when Volotea started transitioning away from the older Boeing 717.
And it is with such development that will enable the airline to service 110 airports across Europe as well.
Overall…
Overall, Volotea seem to be starting 2024 on a very positive footing, with the latest fleet expansion being an example of that.
Looking ahead, all eyes will be on how the airline performs over the course of this year.
The Summer 2024 period will also be an important turning point in assessing what the financials will look like by year-end.
But for now, let’s see how they get on and perform.
Did you know AviationSource has two newsletters? One covers the general news and analysis of the industry as a whole, and the other to do with emergencies that take place throughout the year! To subscribe to our General News Newsletter, CLICK HERE!
To subscribe to our Emergencies, Accidents & Incidents Newsletter, CLICK HERE!
Click the photo to join our WhatsApp channel so then you can stay up to date with everything going on in the aviation industry!
