Volaris Reports February 2024 Traffic Results: 86% 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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US:NYSE Investor Relations:
ir.volaris.com/english/home/default.aspx
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Source: GlobeNewswire
MEXICO CITY, March 06, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its February 2024 preliminary traffic results. In February 2024, Volaris' ASM capacity decreased by 13.7% year-over-year due to the extraordinary Pratt & Whitney engine accelerated inspections and the resulting aircraft groundings. RPMs decreased by 10.9%, resulting in a load factor increase of 2.8 pp YoY to 85.9%. Volaris transported 2.1 million passengers during the month, a 15.2% decrease compared to February 2023. Mexican domestic RPMs decreased by 21.5%, while international RPMs increased by 13.2%. Enrique Beltranena, Volaris’ President and CEO, said: “Following our strategic plan for the year, we have reduced ASMs in the Mexican domestic market and reallocated capacity to the international market. Moreover, a rob
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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
- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS) had its price target lowered by analysts at TD Cowen from $16.00 to $11.00. They now have an "outperform" rating on the stock.MarketBeat
VLRS
Earnings
- 4/22/24 - Beat
VLRS
Sec Filings
- 4/26/24 - Form 144
- 4/23/24 - Form 6-K
- 4/23/24 - Form 6-K
- VLRS's page on the SEC website