Volotea, the airline connecting small and mid-sized European cities, expects to close 2025 with the best financial results in its history. This performance reflects the strength of its business model, supported by a flexible and efficient strategy, very solid and reliable operations, and strong demand across its markets. The airline has also progressed in its capital raise plan, initiated in September 2024 with the participation of its current shareholders, management team, Greek carrier Aegean Airlines, and well-known U.S. investor PAR Capital, a reference in the aviation sector. The total now stands at €56 million.
In 2025, Volotea forecasts closing the year with revenue of around €840 million, a 4% increase compared to the €810 million recorded in 2024. EBITDA is expected to exceed €190 million, up 29% from €147.2 million last year, with a margin of 22-24%, around five percentage points higher than in 2024. Operating profit (EBIT) is projected to reach €70-80 million, more than double the €33.5 million achieved in 2024 (+116%), with an EBIT margin close to 8.5-9%, over 4.5 percentage points higher than 2024.
In September, Volotea took another step in its capital raise plan initiated in 2024. Its existing shareholders—including its Founder/CEO, Carlos Muñoz with the company’s management team; Greek airline Aegean Airlines; and U.S. fund PAR Capital, a reference in the aviation sector—made an additional contribution of €10 million to the €46 million provided last year, bringing the total to €56 million. Although the initial forecast for this second phase contemplated a new injection of around €50 million, the company’s positive outlook for 2025 allowed the investment in this phase to be limited to €10 million.
“We are very happy to share today this outlook for 2025, which will deliver the best margins in the history of our young airline, thanks to the continuous strong demand, our highly differentiated market strategy, and a very solid operational execution. In particular, we have leveraged measured growth of around 5% to improve profitability margins by four to five points, further strengthening our financial position. Looking ahead to 2026, we continue to see strong market dynamics and almost endless opportunities, and we anticipate stronger growth, above 10%, limited only by the number of aircraft available. I would like to give a very special thanks to all our employees and partners, as well as to the many customers who have placed their trust in us in recent months,” said Carlos Muñoz, Founder and CEO of Volotea.
Operationally, Volotea will close the year with more than 12.6 million seats offered across its network and expects to reach close to 14 million seats in 2026, representing growth of nearly 10%. By year-end, the airline also anticipates operating more than 420 routes—over half on an exclusive basis—and carrying approximately 11.5 million passengers on around 75,000 flights, further consolidating its position in the sector.
Tags: Carlos Muñoz, Volotea
