Mexico’s Volaris, an ultra-low-cost airline, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “VLRS” after an initial public offering of ADRs. GETCO is the Designated Market Maker (DMM) for the company’s stock.
For more information on NYSE Euronext’s Listings business and to learn about trends in the IPO market, please visit the NYSE Euronext IPO Center.About Volaris (NYSE: VLRS) Volaris (BMV: VOLAR and NYSE: VLRS), is an ultra-low-cost carrier, or ULCC, based in Mexico. Volaris utilizes its ULCC business model and efficient operations to offer low base fares and to stimulate demand while aiming to provide high quality customer service. Volaris targets passengers who are visiting friends and relatives, cost-conscious business people and leisure travelers in Mexico and to select destinations in the United States. Volaris’ unbundled pricing strategy allows it to provide low base fares and enables its passengers to select and pay for a range of optional products and services. Volaris’ mission is to offer its clients high quality customer service at an affordable price. Since beginning operations in March 2006, Volaris has increased its routes from 5 to 80 and its fleet from 4 to 43 aircraft. Volaris operates an average of 203 flight segments daily on routes that connect 30 cities in Mexico and 10 cities in the United States with the youngest aircraft fleet in Mexico. Among other recognitions, Volaris has received the ESR Award for Social Corporate Responsibility for three consecutive years. For more information, please visit: http://www.volaris.com About NYSE Euronext NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit: http://www.nyx.com.