Víctor Miguel Pacheco Méndez (born Dominican Republic, June 9, 1982) is a Dominican businessman and entrepreneur. He is the founder of Arajet and Laytrip.[1] With the idea of transforming commercial flying in the Dominican Republic, both companies are designed to support tourism to and from the Dominican Republic.
Early life and education edit
From a very young age he was interested in the world of finance and entrepreneurship which he was introduced to by his grandfather Víctor Méndez Capellán.[2] Pacheco completed elementary school at Carol Morgan School and later continued his secondary studies at Riverside Military Academy, Georgia.[3] Most recently, he graduated from Universidad Iberoamericana with a bachelor's degree in Business Administration.
Career edit
He started his career in finance and administration.[4][5][6][7][8]
In August 2015, Pacheco received certifications for the initiation of flying operations from the Instituto Dominicano de Aviación Civil (IDAC) and the Junta de Aviación Civil (JAC).[9] By June 28, 2017, Pacheco held the position of Chief Executive Officer of Arajet, the first low-cost carrier in the Dominican Republic.[10][11][12]
In November 2021, he became chairman of Laytrip, Inc., a worldwide layaway travel provider, where users can search thousands of real-time flight and hotel listings and book any combination of travel itineraries.[13][14]
During the launch ceremony of the Arajet airline on March 14, 2022, Victor Pacheco announced his alliance as a strategic partner with Bain Capital, one of the world’s leading private multi-asset alternative investment firms and Griffin Global Asset Management, a commercial aircraft leasing and alternative asset management company, to support Arajet growth plans and mission.[15][16]
References edit
- ^ "Dominican Republic's flycana to rebrand as Arajet, add MAX". ch-aviation. Retrieved 2021-11-15.
- ^ "Méndez Capellán presentó un libro con su autobiografía". 2 December 2010.
- ^ "Academia Militar Riverside, educando a los jóvenes con liderazgo para triunfar en la vida". Hoy Digital (in European Spanish). 2004-05-15. Retrieved 2017-05-24.
- ^ "Dinámica Empresarial". Hoy Digital. 2011-04-08. Retrieved 2022-02-19.
- ^ "Víctor Pacheco (Dominican Wings): "Siempre soñé con crear una línea" - Noticias de turismo - arecoa.com" (in Spanish). Retrieved 2022-02-19.
- ^ "Infotur Dominicano » Dominican Wings recibe certificados AOC y CAE de parte del IDAC y de la JAC para sus operaciones" (in Spanish). Retrieved 2022-02-19.
- ^ "Data Vimenca - Grupo Vimenca". Grupo Vimenca.
- ^ "Remesas Vimenca".
- ^ "Infotur Dominicano » Dominican Wings recibe certificados AOC y CAE de parte del IDAC y de la JAC para sus operaciones" (in Spanish). Retrieved 2022-02-19.
- ^ "Avion Express Sells its Shares in Dominican Wings to the President of the Company". Flyavex. Retrieved 2017-07-08.
- ^ Sena, Gastón (2021-11-07). "Se reveló el primer Boeing 737 MAX para una aerolínea dominicana". Aviacionline.com (in Spanish). Retrieved 2021-11-15.
- ^ "Nueva aerolínea dominicana Arajet operará con cinco Boeing 737 MAX 8". Avion Revue Internacional (in Spanish). 2021-11-13. Retrieved 2021-11-15.
- ^ Roth, Mike. "Laytrip Announces Launch of Hotels Module and Increase in Destinations on Laytrip.com".
- ^ "LAYTRIP HOLDINGS LIMITED - COBHAM". www.checkcompany.co.uk. Retrieved 2022-02-19.
- ^ Capital, Bain. "Arajet Takes Flight as The Dominican Republic's New Ultra-Low Cost Airline". Bain Capital. Retrieved 2022-04-30.
- ^ Management, Griffin Global Asset (2022-03-14). "Griffin Global Asset Management Announces the Delivery of One Boeing 737 MAX 8 to Arajet". GlobeNewswire News Room. Retrieved 2022-04-30.
Further reading edit
- "Dominican Wings - El Nacional". El Nacional (in European Spanish). 2016-06-24. Retrieved 2017-05-11.
- "Nueva aerolínea dominicana Dominican Wings empieza vuelos hacia Estados Unidos". Acento (in European Spanish). 2016-10-03. Retrieved 2017-05-11.
- ^ Staff, Forbes (2022-05-23). "Aerolínea dominicana Arajet buscar abrir operaciones en El Salvador". Forbes Centroamérica • Información de negocios y estilo de vida para los líderes de Centroamérica y RD (in Spanish). Retrieved 2022-08-19.
- ^ Bohórquez, Kevin Steven (2022-08-03). "El ambicioso plan de vuelo de Arajet, la nueva aerolínea de bajo costo que entra a Colombia". Forbes Colombia (in Mexican Spanish). Retrieved 2022-08-19.
- ^ "Víctor Pacheco, CEO de Arajet: 'Vamos a tener pasajes desde $ 145 para que los ecuatorianos puedan venir a República Dominicana'". El Universo (in Spanish). 2022-08-19. Retrieved 2022-08-19.
- ^ "Noticias de - arecoa.com" (in Spanish). Retrieved 2022-08-19.