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.
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.
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]