IASA rating downgrade the safety oversight applied by the Mexican Aviation Authority from Category 1 to Category 2 by the Federal Aviation Administration
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. American Depositary Shares, each representing ten (10) Ordinary Participation Certificates (VLRS)
Last controladora vuela compania de aviacion, s.a.b. de c.v. american depositary shares, each representing ten (10) ordinary participation certificates earnings: 4/23 07:15 pm
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US:NYSE Investor Relations:
ir.volaris.com/english/home/default.aspx
Company Research
Source: PR Newswire
MEXICO CITY, May 25, 2021 /PRNewswire/ -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ("Volaris" or the "Company") (NYSE: VLRS and BMV: VOLAR), an ultra-low-cost airline serving Mexico, the United States of America and Central America, informs that the U.S. Department of Transportation's Federal Aviation Administration of the United States of America (FAA) has today determined that the safety oversight applied by Mexican Federal Civil Aviation Authority (AFAC) does not fully adhere to International Civil Aviation Organization (ICAO) standards and has downgraded the country's safety rating from Category 1 to Category 2. Under the International Aviation Safety Assessment (IASA) program, the FAA audits peer aviation authorities to determine whether their oversight programs comply with ICAO annexes.The FAA action pertains only to AFAC, and this is not an assessment of Mexican carriers. Volaris' safety profile remains unchanged and we believe it is in line with best industry st
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VLRS
News
- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS) had its price target raised by analysts at Barclays PLC from $9.00 to $12.00. They now have an "overweight" rating on the stock.MarketBeat
- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS) had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $11.00 to $12.00. They now have a "buy" rating on the stock.MarketBeat
- Volaris Reports Financial Results for the First Quarter 2024: Net Income of USD $33 millionGlobeNewswire
- Volaris Reports March 2024 Traffic Results: 87% Load FactorGlobeNewswire
- Volaris Reports February 2024 Traffic Results: 86% Load FactorGlobeNewswire
VLRS
Earnings
- 4/22/24 - Beat
VLRS
Sec Filings
- 4/23/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/4/24 - Form 6-K
- VLRS's page on the SEC website