MEXICO CITY, May 25, 2021 /PRNewswire/ -- Controladora
Vuela Compañía de Aviación, S.A.B. de C.V. ("Volaris" or the
"Company") (NYSE: VLRS and BMV: VOLAR), an ultra-low-cost airline
serving Mexico, the United States of America and Central America, informs that the U.S.
Department of Transportation's Federal Aviation Administration of
the United States of America (FAA)
has today determined that the safety oversight applied by Mexican
Federal Civil Aviation Authority (AFAC) does not fully adhere to
International Civil Aviation Organization (ICAO) standards and has
downgraded the country's safety rating from Category 1 to Category
2. Under the International Aviation Safety Assessment (IASA)
program, the FAA audits peer aviation authorities to determine
whether their oversight programs comply with ICAO annexes.
The FAA action pertains only to AFAC, and this is not an
assessment of Mexican carriers. Volaris' safety profile remains
unchanged and we believe it is in line with best industry standards
from both safety and security standpoints. Volaris is committed to
the safety of our passengers.
Current Volaris services will remain in place. However, during
the period in which AFAC addresses the FAA findings, new services
and routes cannot be added, and Volaris will be unable to add new
aircraft to its FAA operations specifications. However, Volaris'
fleet may continue to grow, as the FAA action does not limit
Volaris from incorporating any additional aircraft into its Mexican
Air Operators Certificate, nor does it preclude Volaris from
deploying such aircraft to Mexican and Central American
Additionally, our codeshare partner Frontier will remove its
code from flights operated by Volaris, although customers will
still have the option to purchase flights from Volaris and Frontier
through the companies' websites.
Volaris understands that AFAC has been working closely with the
FAA to remedy any technical or regulatory issues. Volaris will
support the efforts of both regulatory authorities with the
objective of restoring Mexico's
safety rating to Category 1.
The information included in this report has not been audited and
it does not provide information on the Company´s future
performance. Volaris´ future performance depends on many factors
and it cannot be interred that any period´s performance or its
comparison year over year will be an indicator of a similar
performance in the future.
*("Volaris" or the "Company") (NYSE: VLRS and BMV: VOLAR), is an
ultra-low-cost carrier (ULCC), with point-to-point operations,
serving Mexico, the United States and Central America. Volaris offers low base fares
to build its market, providing quality service and extensive
customer choice. Since beginning operations in March 2006, Volaris has increased its routes from
five to 181 and its fleet from four to 87 aircraft. Volaris offers
more than 425 daily flight segments on routes that connect 43
cities in Mexico and 25 cities in
the United States with one of the
youngest fleet in The Americas. Volaris targets passengers who are
visiting friends and relatives, cost-conscious business and leisure
travelers in Mexico and in
selected destinations in the United
States and Central America.
Volaris has received the ESR Award for Social Corporate
Responsibility for eleven consecutive years. For more information,
please visit: www.volaris.com.
Investor Relations contact: María Elena Rodríguez /
Investor Relations / email@example.com / +52 55 5261 6444
Media contact: Gabriela Fernández / firstname.lastname@example.org / +52
55 5246 0100
SOURCE Controladora Vuela Compania de Aviacion, S.A.B. de C.V. -