VOLOTEA APPOINTS DAVID GONZALEZ AS NEW GENERAL MANAGER

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VOLOTEA APPOINTS DAVID GONZÁLEZ AS NEW GENERAL MANAGER

After more than a decade with the company, the current CCO has been promoted to the General Manager position, in recognition of his excellent performance and commitment to the organization, leading all Commercial activities since 2017, and previously creating and leading the Ancillary Revenue area of Volotea.

As General Manager González will work hand in hand with the CEO, coordinating commercial activities, strategy, operations, and cost control.

Volotea also strengthens its Operations area with the appointment of Eduard Diviu as Chief Operating Officer.

Barcelona, November 24th, 2023 – Volotea, the airline connecting small and mid-sized European cities, has appointed David González as General Manager, a newly created position. González, who has been Volotea's Chief Commercial Officer and an executive for over ten years, will coordinate the company's global commercial, strategic, operational, and cost-control activities.

In his new role, González, as General Manager will work closely with Carlos Muñoz, the airline's Founder and CEO, enhancing Volotea's strategy and competitive advantage over the next years. As CCO, González led the successful expansion of the company over the last five years, with revenue more than doubling from €307M in 2017 to over €700M in 2023. Previously, in his first five years, he created and led the Ancillary Revenue area, a best-in class area contributing to approximately 43% of the company’s revenue. He was a Professor in Mathematics and Operational Research before entering the company.

Carlos Muñoz, Founder and CEO of Volotea, has praised González’s high level of performance as Chief Commercial Officer and in prior significant roles within the company. Muñoz highlighted: “David has been a fundamental pillar building the company over the last decade. His  strong focus on business development, sharp analytical mind, and excellent strategic vision, combined with huge leadership skills and proven ability to work effectively in building teams, make him the ideal candidate for the General Manager position. These qualities will help us further unlock the company's full potential across Europe, especially at a time of demand consolidation and continuous growth of our company, and in a year where we anticipate achieving high profitability”.

David González, new General Manager, said: “Since I joined Volotea over ten years ago, I have witnessed the transformation and growth of a company that has built a unique business model. We David González, General Manager Volotea. 2/3 have been able to offer solutions and enhance connectivity for 65% of the European population living away from major capitals, solving a structural imbalance between population distribution and capacity allocation. In my new role, I look forward to enhancing Volotea's growth and reinforcing our efficiency and cost leadership, working alongside an excellent team of over 1,800 professionals across Europe”.

Volotea enters a new phase of expansion after a solid 2023, with expectations of highly favorable financial results for the years ahead, growth in seat capacity and route creation in its key markets, France, Italy, and Spain, and increased cooperation with other airlines such as Eurowings (Lufthansa group) in Germany and Aegean in Greece.

Additionally, the company has promoted Eduard Diviu as its new Chief Operating Officer (COO), from his previous position as Deputy COO. In this role, Diviu will oversee the company's annual operation of over 80,000 flights, focusing on maintaining outstanding passenger satisfaction and achieving optimal operational integrity and punctuality.

Over the past month, Volotea achieved an 80% punctuality rate and completed 99.6% of scheduled flights since the beginning of the year, among the highest in Europe, driving the “Best Low-Cost Airline in Europe” award from Skytrax in 2023. The airline also enjoys a high customer recommendation rate, exceeding 90% among members of its loyalty program, Megavolotea.

The company expresses its gratitude and recognition to the outgoing Chief Operating Officer, Isidre Porqueras, who is pursuing new professional opportunities after eight years of commitment and very valuable performance.

ABOUT VOLOTEA

Volotea was founded in 2011 by Carlos Muñoz and Lázaro Ros, also previously founders of Vueling. It is one of the fastest growing independent airlines in Europe in the last decade, increasing its fleet, routes served, and seats offered year-on year. This year, the airline has celebrated a milestone of carrying 55 million passengers throughout its network.

Volotea reaches more than 100 airports and is currently based in 19 medium-sized European capitals: Asturias, Athens,Bilbao, Bordeaux, Cagliari, Florence (new in 2023), Hamburg, Lille, Lyon, Lourdes, Marseille, Nantes, Naples, Olbia, Palermo,Strasbourg, Toulouse, Venice, and Verona. The airline has announced its 20th base in Europe and 9th in France in the city of Brest, Brittany, with operations starting in April 2024.

In 2024, Volotea will operate more than 450 routes (with over half exclusive), offer over 13M seats (+18% versus 2023), and fly approximately 81, 000 flights. The airline will operate a fleet of 45-46 Airbus A319 and A320.

Volotea is working towards achieving a more sustainable future in aviation and has committed to reducing 50% of its CO2 emissions per passenger and kilometer by 2025 (versus 2012), 5 years before than the original target. To date, Volotea has launched over 50 sustainability initiatives that have already driven a reduction in carbon footprint per passenger and kilometer by more than 45%. Since 2022, the company has been working on developing emission-free alternative technologies, operating Airbus' internal shuttle service with 34% of sustainable aviation fuel, and collaborating with manufacturers and the industry so that these fuels (now difficult to access) can be developed and become widespread as soon as possible.

Volotea, with a workforce of 1,820 employees, actively boosts connectivity within the territories where it is based, while contributing to their economic development and enriching the cultural landscape through impactful sponsorship projects.

Volotea was recognized by Skytrax in its global passenger satisfaction survey as the “Best Low-Cost Airline in Europe” at the 2023 World Airline Awards, referred to by media around the world as “the Oscars of the aviation industry.” The airline adds this accolade to its growing list of achievements, which includes consecutive wins for "Leading European Low-Cost Airline" at the World Travel Awards in 2021 and 2022.

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