2021 overview

For the second year in a row, around 4,000 Vueling employees faced the most unprecedented crisis in our industry’s history.

In terms of managing the crisis, we focused on four key priorities.

First, our main objective has been to protect the health and well-being of our employees and customers. Second, we enhanced flexibility to enable us to constantly adapt our capacity to match demand, identifying any new opportunities to fly, which generated cash. Third, we had to rigorously adapt our costs as much as possible to meet the level of flight activity. Finally, we had a constant focus on cash, working capital and financing.

However, while managing the crisis, we also began preparing to emerge even more efficient and competitive in a post-pandemic environment by implementing the 19 initiatives included in our Plan ‘Vueling Transform’. These initiatives aim to unlock the full potential of our airline by generating more value for our shareholders, our employees, our customers and ultimately society.

For example, we transformed our maintenance model by launching a new joint venture company that manages Vueling Line Maintenance; we changed the structure of our fare families and introduced new ancillaries such as Guaranteed Hand Bag, giving more flexibility to our customers to choose the services they exactly need; and we redefined our Mission Vision and Values to lead our people through this period of uncertainty.

While withstanding an unprecedented situation due to the pandemic, Vueling is undertaking an ambitious transformation plan to emerge stronger.

Marco Sansavini Chairman and Chief Executive Officer of Vueling

Key statistics

-25.8 %

Operating margin
+82.7 pts vly

117 

Fleet
+4 vly

-47.0 %

ASK change

Main P&L figures

€m/2021 vly
Total revenue before exceptionals 1,016 +442
Operating loss before exceptionals -262 +361
Operating loss after exceptionals -233 +642

Fleet

Fleet

Routes

In 2021, Vueling domestic operations focused on connecting the Spanish peninsula with both the Canary and Balearic Islands. The airline also re-opened international routes as restrictions eased, restarting routes to Morocco and Tunisia whilst continuing regular operations to Senegal and Algeria.

Vueling became the second largest operator – after the Air France Group -at Paris-Orly airport after launching 32 new destinations following receipt of additional slots.

JavaScript isn't enabled in your browser, so the video can't be played. Enable and reload.