Volaris Reports October 2024 Traffic Results: Strong Demand Across Our Markets, Load Factor of 87%
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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Source: GlobeNewswire
MEXICO CITY, Nov. 07, 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 October 2024 preliminary traffic results. In October, Volaris' ASM capacity decreased by 6.8% year-over-year due to the Pratt & Whitney engine inspections offset by fewer aircraft groundings following the return of the initial batch of inspected engines. Volaris transported 2.5 million passengers during the month with a load factor of 87.4%, a 2.1 pp decrease from last year. RPMs for the month declined by 9.0%, with Mexican domestic RPMs down 14.4% and international RPMs up 1.5%. When comparing year-over-year RPMs and load factor results it is useful to note that our 2023 figures were impacted by the accelerating engine inspections. Last year, we had to reduce operations as engines temporarily left our fleet; today,
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High impacting Controladora Vuela Compania de Aviacion, S.A.B. de C.V. American Depositary Shares, each representing ten (10) Ordinary Participation Certificates news events
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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 JPMorgan Chase & Co. from $16.50 to $17.00. 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 "overweight" rating re-affirmed by analysts at Barclays PLC. They now have a $12.00 price target on the stock.MarketBeat
- Volaris Reports Financial Results for the Third Quarter 2024: EBITDAR of USD $315 million, a 52% increaseGlobeNewswire
- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS) had its price target raised by analysts at TD Cowen from $10.00 to $13.00. They now have a "buy" rating on the stock.MarketBeat
- Volaris Reports September 2024 Traffic Results: 85% Load FactorGlobeNewswire
VLRS
Earnings
- 10/22/24 - Beat
VLRS
Sec Filings
- 11/7/24 - Form 6-K
- 10/22/24 - Form 6-K
- 10/4/24 - Form 6-K
- VLRS's page on the SEC website