Volaris Reports May 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, June 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 May 2024 preliminary traffic results. In May 2024, Volaris' ASM capacity decreased by 17.5% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings. However, load factor increased by 1.6 pp YoY to 86.1%, as RPMs decreased by less than capacity. Mexican domestic RPMs decreased by 22.0%, while international RPMs decreased by 3.6%. Volaris transported 2.4 million passengers during the month. Enrique Beltranena, Volaris’ President, and CEO said: “Despite limitations in capacity growth due to fleet availability, we have successfully increased capacity in the U.S.-Mexico transborder market while optimizing our entire network. The international market now r
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News
- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS) is now covered by analysts at Morgan Stanley. They set an "overweight" rating and a $12.00 price target 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 JPMorgan Chase & Co. from $17.50 to $18.00. They now have an "overweight" rating on the stock.MarketBeat
- Volaris Reports April 2024 Traffic Results: 85% Load FactorGlobeNewswire
- Volaris Celebrates Frontier Airlines’ Reactivation of the Codeshare Agreement Between Both AirlinesGlobeNewswire
- 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
VLRS
Earnings
- 4/22/24 - Beat
VLRS
Sec Filings
- 6/7/24 - Form 6-K
- 5/9/24 - Form 6-K
- 5/6/24 - Form 6-K
- VLRS's page on the SEC website