Vueling Airlines (BMAD: VLG) is a low-fare airline based in Barcelona, Spain. It serves destinations in Europe and the western Mediterranean. Its main base is Barcelona Airport, with additional hubs at Valencia Airport and Madrid's Barajas Airport.
Vueling was established in 2004 and commenced operations on 1 July 2004. The fleet consisted of two aircraft, serving the Barcelona-Ibiza route. The company first recorded a profit in December 2005, on...
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Vueling Airlines (BMAD: VLG) is a low-fare airline based in Barcelona, Spain. It serves destinations in Europe and the western Mediterranean. Its main base is Barcelona Airport, with additional hubs at Valencia Airport and Madrid's Barajas Airport.
Vueling was established in 2004 and commenced operations on 1 July 2004. The fleet consisted of two aircraft, serving the Barcelona-Ibiza route. The company first recorded a profit in December 2005, only 18 months after the start of operations.
Initially, major shareholders of Vueling Airlines were Apax Partners (40%), Inversiones Hemisferio (Grupo Planeta) (30%), Equipo gestor (23%) and V.A. Investor (JetBlue Airways) (7%). During its nascent stages, the company's General Manager was Lázaro Ros, while Carlos Muñoz was CEO. In November 2007, Vueling appointed managing director of Spanair Lars Nygaard as CEO to replace Carlos Muñoz, who remained as a member of the Board of Directors.
Although in 2006 Vueling was chosen as the third-best...
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