Volotea postpones payments and seeks 25 million to guarantee its continuity
The airline has cut the number of aircraft for Iran and expects to lose $33 million in 2026.
Volotea is taking steps to address its financial difficulties and avoid dissolution. The airline's auditor, EY, has expressed concerns about the company's future, but Volotea's board says it is working to mitigate these risks through restructuring and seeking new credit. In 2025, Volotea reported revenues of €817.9 million and a loss of €64.3 million. The company has received financial support from shareholders, including Aegean, PAR Capital, and Alaeo, and is in talks to secure an additional €25 million in financing.
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