Controladora Vuela CompaÃ±Ãa de AviaciÃ³n, S.A.B. de C.V. (Volaris) (NYSE: VLRS and BMV: VOLAR) has been included for a second consecutive year in the Mexican Stock Exchange´s (BMV) Sustainability Composite Index (IPC Sustentable), the company said.
The BMV´s Sustainability Composite Index is comprised of 30 companies committed to social responsibility and sustainability practices, based on the highest standards for ethics and corporate governance. These companies are selected based on three criteria: 1) sustainability grade 2) marketability of the stock and 3) stock rotation ratio in the BMV.
In 2016, Volaris received the ESR award for Social Corporate Responsibility for the seventh year in a row by the Mexican Philanthropy Center (CEMEFI) and the Social Corporate Responsibility Alliance (AliaRSE).
Likewise, Volaris has multiple programs that support and promote social responsibility, among which the company´s #CielitoLimpio campaign stands out, having gathered over MXN USD 600,000 to compensate for over 9,000 tons of greenhouse effect gases; a joint effort of Volaris and its customers to take care of the environment and generate a positive change in the community. Volaris also launched VFundaciÃ³n, a membership designed to support the air travel of NGOs in Mexico, in order to strengthen their social projects. This initiative is accompanied by a donation of over 500,000 tickets in 2016 for other social responsibility projects.
Volaris is an ultra-low-cost carrier, with point-to-point operations, serving Mexico, the United States, and Central America. Since beginning operations in March 2006, Volaris has increased its routes from five to more than 161 and its fleet from four to 69 aircraft. The airline offers more than 332 daily flight segments on routes that connect 40 cities in Mexico and 75 cities in the United States and Central America.