The new company's market share would be more than double that of Aeromexico.
Volaris shareholders approved the merger with Viva Aerobus with 91.8% of the vote, with the aim of forming the new conglomerate “Grupo Más Vuelos” and strengthening air connectivity in Mexico.
The two companies will maintain their brands, operating certificates and independent operations, with the goal of generating synergies in fleet, purchasing and connectivity, as well as expanding the supply of affordable flights in Mexico and abroad.
In a statement sent to the Mexican Stock Exchange, the holding company Controladora Vuela Compañía de Aviación (Volaris) indicated that the company's shareholders approved all the items on the agenda presented during the extraordinary general shareholders' meeting held recently.
The ultra-low-cost airline that operates in Mexico, the United States, Central and South America, announces that the Company’s shareholders approved all items on the agenda presented during the extraordinary general meeting of shareholders held on March 25, 2026.
“The assembly reached a quorum of 93.7%, with 91.8% of the Company's outstanding share capital voting in favor of the proposed business combination with Grupo Viva Aerobus, SA de CV (“Viva”), with no votes against and the remainder abstaining.”
The merger, still subject to review by antitrust authorities, will allow both airlines to operate under a single parent company, although they will retain their brands and certifications. Together, they account for approximately 70% of domestic flights.
The statement explains that the approval of these resolutions by the shareholders
“represents an important milestone in the proposed transaction with Viva, to create an airline group with a more solid and efficient foundation to expand air transport and strengthen connectivity in Mexico and internationally.”
The project seeks to expand the sector's capacity through investment in fleet, infrastructure and routes, in a context of growing air traffic in the country.
In December 2025, both airlines announced an agreement to merge their holding companies under a holding company structure (called Grupo Mexicano de Aerolíneas or Grupo Más Vuelos), with an equal 50% stake for the shareholders of each.
Both airlines explained at the time that the merger was subject to shareholder approval and noted that the agreement to form the Mexican airline group was "under a holding company structure."
President Claudia Sheinbaum emphasized that the alliance will boost the expansion of air transport, although experts point out that it also represents a high concentration in the market compared to competitors like Aeromexico.
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