Overview
- Volaris investors, who met Wednesday, backed the combination with 91.8% of the share capital in favor and no votes against.
- Directors named Roberto Lázaro Alcántara Rojas to chair the new group and tapped Enrique Beltranena and Juan Carlos Zuazua as co-chief executives.
- The plan creates a 50/50 holding company called Grupo Más Vuelos, and both airlines would keep their brands and operating certificates under separate operations.
- Viva’s owners would receive 1,078,528,426 newly issued Volaris shares, and the combined holding is expected to keep listings in Mexico and New York.
- The transaction still needs approvals from Mexico’s antitrust and foreign‑investment authorities, the U.S. Hart‑Scott‑Rodino process, and Colombia’s competition agency, with scrutiny expected given their roughly 73% share of Mexico’s domestic market at the end of 2025.