From Wikipedia, the free encyclopedia Ultra Air IATA ICAO Callsign U0 ULS AIR ULTRA Founded 2020 Commenced operations 23 February 2022[1] Ceased operations 30 March 2023[2] Hubs José María Córdova International Airport Focus cities El Dorado International Airport Fleet size 5 Destinations 10 Headquarters Rionegro, Colombia Key people William N.A. Shaw (Founder & CEO) Website www.ultraair.com Ultra Air S.A.S was[2] a Colombian low-cost airline headquartered in Rionegro, Antioquia, with its main base located at José María Córdova International Airport, serving Medellín.[3] History Ultra Air was founded in 2020 by founder and former CEO of Viva Air Colombia & Viva Air Perú and former Interjet CEO William Shaw.[4] It received its air operator's certificate from the Colombian Civil Aviation Authority in January 2022, and began passenger operations on 23 February 2022 with an inaugural flight from Bogotá to San Andrés Island.[5] In January 2022, Ultra Air became the first airline to receive a mega-investment qualification from the Ministry of Commerce, Industry and Tourism, which grants tax incentives to companies that meet certain criteria such as creating a certain amount of new jobs (Ultra Air having created 22,000), and investing a certain amount (Ultra Air having planned to invest USD $30 million throughout the subsequent five years).[6] On 29 March 2023, Ultra Air announced that it would suspend operations effective 30 March at 12:00 a.m. local time.[2]