Victor Miguel Pacheco Mendez Explained

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

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

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

[17] [18] [19] [20]

Further reading

Notes and References

  1. Web site: Dominican Republic's flycana to rebrand as Arajet, add MAX. 2021-11-15. ch-aviation. en.
  2. Web site: 2 December 2010 . Méndez Capellán presentó un libro con su autobiografía .
  3. News: Academia Militar Riverside, educando a los jóvenes con liderazgo para triunfar en la vida. 2004-05-15. Hoy Digital. 2017-05-24. es-ES.
  4. Web site: 2011-04-08. Dinámica Empresarial. 2022-02-19. Hoy Digital. en.
  5. Web site: Víctor Pacheco (Dominican Wings): "Siempre soñé con crear una línea" - Noticias de turismo - arecoa.com. 2022-02-19. es.
  6. Web site: Infotur Dominicano » Dominican Wings recibe certificados AOC y CAE de parte del IDAC y de la JAC para sus operaciones. 2022-02-19. es.
  7. News: Data Vimenca - Grupo Vimenca. Grupo Vimenca.
  8. Web site: Remesas Vimenca.
  9. Web site: Infotur Dominicano » Dominican Wings recibe certificados AOC y CAE de parte del IDAC y de la JAC para sus operaciones. 2022-02-19. es.
  10. News: Avion Express Sells its Shares in Dominican Wings to the President of the Company. Flyavex. 2017-07-08. en-US.
  11. Web site: Sena. Gastón. 2021-11-07. Se reveló el primer Boeing 737 MAX para una aerolínea dominicana. 2021-11-15. Aviacionline.com. es.
  12. Web site: 2021-11-13. Nueva aerolínea dominicana Arajet operará con cinco Boeing 737 MAX 8. 2021-11-15. Avion Revue Internacional. es.
  13. Web site: Roth. Mike. Laytrip Announces Launch of Hotels Module and Increase in Destinations on Laytrip.com.
  14. Web site: LAYTRIP HOLDINGS LIMITED - COBHAM. 2022-02-19. www.checkcompany.co.uk.
  15. Web site: Capital . Bain . Arajet Takes Flight as The Dominican Republic's New Ultra-Low Cost Airline . 2022-04-30 . Bain Capital.
  16. Web site: Management . Griffin Global Asset . 2022-03-14 . Griffin Global Asset Management Announces the Delivery of One Boeing 737 MAX 8 to Arajet . 2022-04-30 . GlobeNewswire News Room . en.
  17. Web site: Staff . Forbes . 2022-05-23 . Aerolínea dominicana Arajet buscar abrir operaciones en El Salvador . 2022-08-19 . Forbes Centroamérica • Información de negocios y estilo de vida para los líderes de Centroamérica y RD . es.
  18. Web site: Bohórquez . Kevin Steven . 2022-08-03 . El ambicioso plan de vuelo de Arajet, la nueva aerolínea de bajo costo que entra a Colombia . 2022-08-19 . Forbes Colombia . es-MX.
  19. Web site: 2022-08-19 . Víctor Pacheco, CEO de Arajet: 'Vamos a tener pasajes desde $ 145 para que los ecuatorianos puedan venir a República Dominicana' . 2022-08-19 . El Universo . es.
  20. Web site: Noticias de - arecoa.com . 2022-08-19 . es.

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