Volaris Reports May 2019 Traffic Results: 28% Passenger Growth and 88% Load Factor
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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ir.volaris.com/english/home/default.aspx
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Source: PR Newswire
MEXICO CITY, June 5, 2019 /PRNewswire/ -- Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reported May 2019 and preliminary year to date traffic results.In May 2019, capacity measured by ASMs (Available Seat Miles) increased by 22.9% vs last year, with demand measured by RPMs (Revenue Passenger Miles) showing a strong increase of 26.1%. Volaris carried 1.9 M passengers in total (28.3% increase vs last year), with load factor increasing 2.2 pp to 88.0%.Volaris' President and Chief Executive Officer, Enrique Beltranena, commenting on the results and guidance for the second quarter, said: "The significant capacity growth in May and the expected growth in the second quarter 2019 is attributed to the high season during April (Holy/Easter weeks) and the launch of 17 new routes, as well as a relatively low base in the second quarter of last year. On the fleet side, we will end this quarter with the same fleet size as th
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- 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
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VLRS
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- 4/22/24 - Beat
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- 4/29/24 - Form 20-F
- 4/26/24 - Form 144
- 4/23/24 - Form 6-K
- VLRS's page on the SEC website