Sunday 26 February 2012

Venice carrier to launch operations in April


New Venice-based carrier Volotea will launch operations April 5 with an initial 14 destinations from Marco Polo Airport, with plans to grow to 24 routes in the summer.

It will begin service with five domestic destinations, comprising Brindisi, Cagliari, Olbia, Palermo and Reggio Calabria; and nine international destinations—Alicante, Bilbao, Bordeaux, Budapest, Krakow, Malaga, Porto, Thessaloniki and Santiago de Compostela.
“Volotea focuses on point-to-point services between Europe’s small- and mid-sized cities, which are either subject to high fares or do not have direct flights between them,” the carrier said.
It will begin operations with funding from three private equity funds, CCMP Capital Advisors, FESpyme, Fondo de Capital Riesgo and Sinaer Inversiones. The equity funds, “have committed substantial and adequate funding for the launch of Volotea,” the carrier said.
Article Source : ATW Daily News

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