Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
For the period ended Mar 31, 2026. Filed Apr 28, 2026.
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Mar 31, 2026 · Filed Apr 28, 2026
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Contents
EX-99.1 · Code-share agreement
Code-share agreement
| 1) | On January 16, 2018, the Company and Frontier entered into a code-share operations agreement, which started operations in September 2018. |
Through this alliance with Frontier, the Company’s customers gain access to additional cities in the U.S. beyond the destinations current available, as the Company’s customers are able to buy a ticket throughout any of Frontier’s destinations; and Frontier customers can access to new destinations in Mexico through Volaris´ presence in Mexican airports.
Code-share tickets can be purchased directly from the Volaris’ website. The airline that provides the transportation services recognizes the revenue when the service is provided to the customer.
| 2) | On May 22, 2024, the Company and Iberia Líneas Aéreas de España, S.A., (Iberia Airlines) signed a codeshare agreement, which began operations in September 2024. |
| 3) | On November 7, 2025, the Company and Hainan Airlines Holding Co., Ltd. (Hainan Airlines) signed a codeshare agreement, which began operations in December 2025. |
| 4) | On April 23, 2025, the Company and Compañía Panameña de Aviación, S.A., (COPA Airlines) signed a codeshare agreement, which began operations in November 2025. |
Through these alliances, Iberia, Hainan, and COPA customers gain access to additional destinations operated by the Company. Their customers can purchase connecting tickets under the codeshare agreement through their respective websites for any of their routes and access Volaris’ destination network within Mexico. The Company recognizes the revenue corresponding to the operated segment when the service is provided to the customer.
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