[citation needed] As of 2021, Vueling serves 122 destinations in Africa, Asia, Europe, and the Middle East,[6] and carried more than 34 million passengers in 2019.

The initial fleet consisted of two Airbus A320 aircraft, based in Barcelona serving Brussels, Ibiza, Palma de Mallorca and Paris-CDG.

[8] The name Vueling was formed by combining the Spanish word vuelo (flight) with the English gerund suffix -ing.

[citation needed] During its nascent stages, the company's general manager was Lázaro Ros, while Carlos Muñoz was CEO.

[citation needed] In 2007, Apax Partners sold its then-21% stake in the carrier in June of that year, followed by two profit warnings issued in August and October.

Two company directors and the chairman resigned shortly before the second profit warning, citing differences over commercial strategy.

[11] This led to Barbara Cassani, former Chief Executive of UK low-cost airline Go, joining Vueling as chairman of the board in September 2007.

The merger was designed to create a carrier better able to compete in the competitive Spanish airline market and mitigate high fuel costs with Iberia as the main industrial partner.

[33][34] In 2020, Vueling announced new routes linking Paris, France to Dubrovnik, Croatia and Seville, Spain to Marrakech, Morocco.

[35][36] Subsequently in December 2024, Vueling announced that the airline will launch flights between Florence and Brussels in April 2025 using their Airbus A319 aircraft.

[37] The key trends for Vueling are shown below (as at year ending 31 December):[38] In November 2012, International Airlines Group, whose subsidiary Iberia held a 45.85% stake in Vueling, offered to buy the remaining 54.15% of the company with both Iberia and IAG owning both shares and not resulting in the company being wholly owned by IAG through 100% of shares.

However, market trends (increased profits and improved figures from Vueling resulting in a higher share-price) had made IAG's offer a significant undervaluation of the airline.

[56] On 9 April 2013, the board of Vueling unanimously recommended shareholders accept an improved offer of €9.25 per share from IAG.