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The new low cost airline VOLOTEA will connect Bordeaux to Venice from 24th of April

24/02/2012

The route will be operated three times per week, every Monday, Wednesday and Friday, from 19 each way, including taxes.
Volotea aims to connect European regional capitals, whilst avoiding the major transport hubs.


Bordeaux, Venice Marco Polo, 23rd February 2012.- Volotea will begin its operations in Bordeaux on 24th April, when it launches its first operational base at Venice Marco Polo Airport. 

The Bordeaux-Venice line will link two regional capitals with 3 flights per week, every Monday, Wednesday and Friday. Starting from 24th April, the timetable will be as follows:

Bordeaux- Venice Marco Polo Venice Marco Polo - Bordeaux
  Departure Arrival Départure Arrival
Mon., Wed., Fri. 08:50 10:35 06:30 08:25

 

Tickets will be sold starting next week at www.volotea.com and prices will start from 19 each way, tax included.
Volotea will therefore be the only scheduled operator on the Bordeaux-Venice line; until now, the only option for passengers was to take costly, long, tiring flights with a stop-over in Paris.

Volotea will offer 750 places per week on the line, which is to say nearly 39,000 places in the first year of operation.

FIRST OPERATIONAL BASE AT VENICE MARCO POLO

Volotea, a new European airline which is focusing its business on medium-sized cities, has chosen Venice Marco Polo Airport as its first operational base starting from next spring.
To start with, the company which is based in Barcelona, will run three Boeing 717 aeroplanes, with a capacity of 125 seats, in Venice in order to serve a large network of domestic and international destinations.

Volotea aims to connect small and medium-sized cities which are still poorly served in terms of direct flights, whilst avoiding the large transport hubs, saving time and money for the passenger.

The company’s fleet is entirely made up of Boeing 717s, with Volotea employing 25 crew members for each of them. Other jobs will be directly created for ground crew and aircraft maintenance.
Volotea was founded by Carlos Muñoz and Lázaro Ros, former founders and directors of Vueling (now the third largest low-cost airline company in Europe), the CEO and Managing Director respectively.

SIGNIFICANT FINANCING
Volotea
has benefitted from considerable financing from its founders/directors and three large investment funds:

CCMP Capital Advisors, an investment fund specialising in buy-outs and business growth in the United States and in Europe, with offices in New York, London and Houston. CCMP Capital was founded in 2006 by experienced professionals from JP Morgan Partners LLC (a subsidiary of JPMorgan Chase & Co). The founding partners of CCMP Capital have invested more than $13 billion since 1984.

Axis Empresariales Participaciones, a subsidiary of the Instituto de Crédito Oficial, based in Madrid, the first venture capital fund in Spain, with investments of more than €250 million in more than 130 projects since 1986.

• SINAER Inversiones, investment funds in the aviation sector with Corpfin Capital, an independent private shares fund based on companies with strong growth. Based in Madrid, Corpfin was founded in 1990 and now manages more than €400 million worth of assets.

As required by European regulations on airline companies, European investors hold a majority share of Volotea, and therefore effectively have control.

 

CONTACTS                                                             
Corine Petton                                       Alfons Claver

Aéroport de Bordeaux                           Head of Communication at Volotea

cpettonatbordeaux [dot] aeroport [dot] fr                alfons [dot] claveratvolotea [dot] com

+33(0)556 34 59 30                              +34 93 11 717 77