Volotea is aiming for an IPO in the medium term, between 2020 and 2021, according to CEO Carlos Muñoz, as part of the divestment plans by investors in the airline.

The airline previously attempted an IPO in 2016.

Volotea plans to continue its growth in Europe, operating from its twelve bases.

The carrier already launched 58 new routes in 2018, with a fleet of 32 aircraft.