VOLOTEA AND AFI KLM E&M SIGN LONG TERM MAINTENANCE AGREEMENT

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VOLOTEA AND AFI KLM E AND M SIGN LONG TERM MAINTENANCE AGREEMENT

The partnership, which spans over a period of six years, will account for 65% of the base maintenance services for the airline, making Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) the largest maintenance partner of Volotea.

Barcelona/Paris, June 22nd, 2023 - Volotea, one of Europe's fastest-growing independent airlines, and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M), world-leading multi-product MRO (Maintenance Repair & Overhaul) providers announce they have signed a long-term maintenance agreement. The partnership, which has been in effect since October 2022 and spans six years, was formalized during the 2023 Paris Air Show.

Under the terms of this agreement, AFI KLM E&M will provide extensive base maintenance services, accounting for 65% of Volotea's base maintenance needs. This ensures a stable and reliable maintenance solution for the airline’s fleet, upholding the highest standards of safety, efficiency, and reliability.

Carlos Muñoz, Founder and CEO of Volotea: “We are delighted to officially establish this long-term maintenance agreement with Air France Industries KLM Engineering & Maintenance. This partnership marks a crucial step in our ongoing commitment to providing exceptional maintenance services for our fleet. AFI KLM E&M's extensive experience, technical capabilities, and commitment to quality make them the ideal partner to support our operations.”

Anne Brachet, EVP Air France-KLM Engineering & Maintenance: "We are very pleased with the trust placed in us by Volotea. This new partnership illustrates the unique added value of an airline-MRO like AFI KLM E&M when it comes to designing competitive support solutions that meet the highest levels of service and operational requirements.”

Since October 2022, Volotea and AFI KLM E&M's partnership has already demonstrated excellent quality, punctuality, and cost-effectiveness with a series of successful base maintenance checks.  This achievement serves as a testament to the collaborative efforts of both companies and sets a solid foundation for the future of their cooperation. Moreover, by leveraging AFI KLM E&M's reliable MRO services, Volotea can ensure efficient maintenance and operations for its expanding fleet, further supporting its growth strategy in the coming years.

With this long-term agreement, Volotea and AFI KLM E&M consolidate their dedication to operational excellence and safety, contributing to the overall growth and success of the aviation industry.

ABOUT VOLOTEA

Volotea was founded in 2011 by Carlos Muñoz and Lázaro Ros, also previously founders of Vueling.

It is one of the fastest-growing independent airlines in Europe in the last decade, increasing its fleet, routes served, and seats offered year-on-year. This year, the airline has celebrated a milestone of carrying 50 million passengers throughout its whole network.

Volotea reaches more than 100 airports and is currently based in 19 medium-sized European capitals: Asturias, Athens, Bilbao, Bordeaux, Cagliari, Florence (new in 2023), Hamburg, Lille, Lyon, Lourdes, Marseille, Nantes, Naples, Olbia, Palermo, Strasbourg, Toulouse, Venice, and Verona.

This year, Volotea will operate more than 400 routes (with over half exclusive), offer close to 12M seats (+41% versus 2019), and fly approximately 70,000 flights. The airline operates a fleet of 41 Airbus A319 and A320.

Volotea is dedicated to sustainable aviation and has committed to reducing 50% of its CO2 emissions per passenger and kilometer by 2030 (versus 2012). To date, Volotea has launched over 50 sustainability initiatives that have already driven a reduction in carbon footprint per passenger and kilometer by 41%. Since 2022, the company has been working on developing emission-free alternative technologies, operating Airbus' internal shuttle service with 34% of sustainable aviation fuel, and collaborating with manufacturers and the industry so that these fuels (now difficult to access) can be developed and become widespread as soon as possible

Volotea employs 1,750 people and actively contributes to the economic development and cultural landscape of the territories where it is based through sponsorship projects. 

Volotea has won, for the second year in a row, the award as 'Europe's Leading Low-Fares Airline' at the 2022 World Travel Awards, an awards organization recognizing excellence in the transportation and tourism industry worldwide.

 

About AFI KLM E&M

Air France Industries KLM Engineering & Maintenance is a major multi-product MRO (Maintenance, Repair, Overhaul) provider. With a workforce of over 12,800, AFI KLM E&M offers comprehensive technical support for airlines, ranging from engineering and line maintenance to engine overhaul, aero structure and fan thrust reverser support, as well as the management, repair and supply of aircraft components, structured around a powerful logistics network. AFI KLM E&M supports almost 3,000 aircraft operated by 200 major international and domestic airlines.