Volaris and Viva Aerobus will integrate their management operations.
The two airlines will establish a holding company, and shareholders will each hold 50 percent of the shares in the new company, Mexican Airline Group, in a merger of equals. Both airlines will retain their Air Operator Certificates (AOC) and brand names. Roberto Alcántara Rojas, the chairman of Viva Aerobus, is expected to become the chairman of the holding company.
By leveraging economies of scale, the airlines expect to reduce aircraft ownership costs and strengthen their financial base. In addition to increasing the number of flights operated at the new Mexico City airport, they plan to open new operational bases in various parts of Mexico and expand their route networks in the same way as from their existing bases. The transaction is subject to approval by shareholders and regulatory authorities, and completion is expected within 2026.
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