US EditionMexican Airlines Volaris and Viva Aerobus Strike Merger Agreement
The merger will create Mexico's largest low-cost airline group with equal ownership, aiming to expand connectivity and reduce costs while preserving both brands and operations.
- On Thursday, Dec. 18, 2025, Volaris and Viva agreed to merge their holding entities in a merger of equals, with shares remaining listed on the Bolsa Mexicana de Valores and the New York Stock Exchange.
- Aiming to strengthen finances and access cheaper capital, the companies say the deal will expand low‑fare travel, advance Mexico's travel democratization, and optimize unit costs under the ultra‑low‑fare model.
- Governance will place a joint board chaired by Roberto Alcántara Rojas, with Viva shareholders receiving newly issued shares and each side owning 50%.
- The companies say the deal is expected to close in 2026 but it remains subject to regulatory and shareholder approvals and customary closing conditions; Volaris and Viva will host a joint investor conference call on Friday, December 19, 2025 at 10:00 a.m. ET.
- Both airlines will keep separate brands and independent operating certificates, preserving jobs and route choices, but the deal may face antitrust scrutiny and opposition from Aeromexico amid recent years of turbulence.
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Volaris and Viva Aerobus will join forces to consolidate their presence in Mexico and the United States. By the hand of a new society, called Grupo Más Vuelos, Mexican airlines seek to strengthen their position in the sector and reduce their operating costs. With this alliance, the group will expand its presence in Mexico and in the United States, Central America, South America and the Caribbean. Enrique Beltranera, president of Volaris, said th…
Volaris and VivaAerobus create a joint air group to strengthen low-cost transportation in Mexico and internationally.
Volaris And Viva Aerobus Plan A Merger That Could Redraw Mexico’s Skies
Key Points Mexico’s two highest-traffic airlines want to unite under one holding company, keep both brands, and close the deal in 2026. The biggest test is not aviation engineering. It is competition: fewer independent rivals can mean quieter price pressure on shared routes. The timing links to a wider fight over Mexico City airport policy […]
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