Volotea is a low-cost airline operating across European routes and carried 11.2 million passengers in 2025. The carrier reported strong operational metrics in 2025, with a 79% on-time performance rate and a 99.7% flight completion rate. Financially, Volotea completed a capital raise that brought in €71 million in March 2026 after an investment process that began in September 2024. Investors in the transaction include Aegean Airlines, which increased its stake, PAR Capital, and Alaeo representing management. The airline plans to use the new capital to expand its network, enhance operational efficiency, grow its fleet, and invest in greener technologies and sustainable aviation fuel options. These measures are intended to support Volotea’s sustainable growth and competitive position in the European low-cost travel market.

Total raised

$166M

Funding rounds

5

Latest round

Equity

Latest activity

Mar 2026