Mexico has all but recovered its pre-pandemic traffic levels in 2022. In the first six months of the year, the country has had 50.2 million passengers, growing compared to 2019 levels. The three leading Mexican carriers, Volaris, Aeromexico, and Viva Aerobus, have...
Last week, the Mexican ultra-low-cost carrier Volaris released the second quarter of 2022 financial results and had its earnings call transcript. During the call, the airline’s management addressed the Category 2 impact on Volaris. Mexico has been downgraded to...
The Mexican ultra-low-cost carrier Volaris began 2022 with a net loss of US$49 million due to the impact of the rising fuel prices and Mexico’s low season in January and February. Let’s take a look at Volaris’ financial results to start the year. In the first quarter...
Now, let’s take a brief look at Volaris, Viva Aerobus, and Aeromexico, the Mexican carriers in the first quarter of 2022. The three airlines carried over 15 million passengers overall in the first three months of the year. Volaris and Viva Aerobus remained well over...
In 2021, the Mexican low-cost carrier Volaris increased its operating revenues by 30%, showing incredible resilience, as Volaris emerged strongly from the COVID-19 pandemic. Moreover, Volaris finished last year with a net income worth MXN$2,121 billion (over US$103...
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