VivaAerobus (VB, Monterrey Mariano Escobedo) will only revive its plans for an IPO when market conditions have improved, co-founder and adviser, Conor McCarthy, has said. In mentioning a possible late 2015/early 2016 offer period, McCarthy said his airline planned to raise a minimum of USD337million.

"It's a matter for the board, but I would see it as having potential for float at that stage," he told the Irish Independent. "The new fleet will be in place, the timing could be right in terms of cost base and network by then."

McCarthy said previous plans to list earlier this year were put off in the wake of a turbulent IPO for rivals Volaris (Y4, México City International).

Having placed an order for fifty-two Airbus A320 Family aircraft (40 A320neo and 12 A320ceo) with Airbus (AIB, Toulouse Blagnac) in October last year, the Mexican LCC has now set its sights on expanding into the Latin American market where it believes demand will grow in tandem with that of the middle class.

At present, VivaAerobus operates twenty-one B737-300s and two A320-200s to 26 destinations located primarily in Mexico as well as in the United States.