US EditionMexican Airlines Volaris and Viva Aerobus Strike Merger Agreement
The merger forms a holding company with equal ownership, preserving both brands and aiming to expand low-cost travel and connectivity across Mexico and international markets.
- 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 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 […]
The airlines Volaris and Viva announced the creation of a new Mexican group of airlines under a controlling company structure. This measure aims to increase air travel at low prices and connectivity in Mexico and abroad. Through a statement, they pointed out that the shares of both companies will be combined by a merger between equals. Viva’s shareholders will receive newly issued shares from the controlling company of Volaris and Volaris’ share…
Viva Aerobus and Volaris announced their strategic alliance to create a new Mexican Airlines Group, where the two companies will continue to operate with their respective brands, but under the same organizational directive.Under the terms of the agreement, the shareholders of Viva and Volaris will combine their controlling companies with a merger between equals. At the close, Viva's shareholders will receive newly issued shares from Volaris' con…
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