Volaris, officially known as Volaris Airlines, is a prominent player in the air transport services industry, headquartered in Mexico (MX). Founded in 2005, the airline has rapidly established itself as a leading low-cost carrier, primarily serving domestic and international routes across North America and Central America.
Volaris is renowned for its unique business model, offering affordable fares while maintaining a focus on customer service and operational efficiency. The airline's core services include passenger flights, cargo transport, and ancillary services, catering to a diverse range of travellers.
With a strong market position, Volaris has achieved significant milestones, including a robust fleet expansion and a growing network of destinations. Its commitment to innovation and cost-effective travel solutions continues to set it apart in the competitive air transport sector.
-1 vs industry average
Volaris’s score of 16 is lower than 38% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Air Transport is among the most carbon-intensive industries
Industry performance
The Air Transport industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Volaris's reported carbon emissions
Volaris Carbon Emissions and Climate Commitments: Latest Data and Targets
Headquartered in Mexico, Volaris, an air transport services provider (industry code 62), is actively engaged in reducing its environmental impact. The airline has reported its greenhouse gas emissions for recent years, focusing primarily on Scope 1 and Scope 2.
Recent Emissions Data:
- 2023: Volaris reported total emissions of approximately 3.58 billion kg CO2e, comprising Scope 1 emissions of about 3.58 billion kg CO2e and Scope 2 emissions of approximately 296,000 kg CO2e.
- 2022: Total emissions stood at approximately 3.35 billion kg CO2e, with Scope 1 emissions at around 3.35 billion kg CO2e and Scope 2 emissions at approximately 283,000 kg CO2e.
- 2021: The airline emitted approximately 2.68 billion kg CO2e, with Scope 1 emissions at about 2.68 billion kg CO2e and Scope 2 emissions at approximately 258,000 kg CO2e.
- 2020: Volaris's emissions were approximately 1.73 billion kg CO2e, with Scope 1 emissions around 1.73 billion kg CO2e and Scope 2 emissions of about 286,000 kg CO2e.
- 2019: Total emissions were approximately 2.47 billion kg CO2e, with Scope 1 emissions at about 2.46 billion kg CO2e and Scope 2 emissions at approximately 335,000 kg CO2e.
- 2018: Emissions totalled approximately 1.54 billion kg CO2e, with Scope 1 emissions around 1.54 billion kg CO2e and Scope 2 emissions at about 360,200 kg CO2e.
It is important to note that Volaris's reported data does not currently include Scope 3 emissions.
Climate Commitments and Reduction Initiatives:
Volaris has set several key targets to reduce its carbon footprint:
- Net-Zero by 2050: In 2021, Volaris joined the International Air Transport Association's (IATA) Fly Net Zero initiative. This commitment aligns with the broader air transport industry's goal to achieve net-zero carbon emissions by 2050, in accordance with the Paris Agreement.
- Scope 1 Intensity Reduction Targets:
- Volaris aims to reduce its Scope 1 aircraft CO2 emissions intensity by 35.4% per Revenue Passenger Kilometer (RPK) by 2030, using a 2015 baseline.
- A shorter-term target is a 30.2% reduction in gCO2/RPK emissions by 2026 compared to the 2015 baseline.
- Past Achievements: Between 2015 and 2022, Volaris achieved a 15.7% reduction in its Scope 1 aircraft CO2 emissions intensity.
These initiatives demonstrate Volaris's dedication to decarbonisation within the air transport sector.
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Volaris’s Climate Goals (2030 & 2050)
3 goals2050
In 2021, Volaris joined IATA’s Fly Net Zero initiative, a co…
In 2021, Volaris joined IATA’s Fly Net Zero initiative, a commitment by the air transport industry to achieve net-zero carbon emissions by 2…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 3 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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