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 aviation industry has recovered 99.3% of its pre-pandemic traffic levels. Between January and May 2022, the airlines operating domestic and international flights to and from Mexico carried 41.3 million passengers versus 41.5 million in the same period...
Let’s take a look at 1Q results in Latin America. We will review the results of the top three Mexican carriers, Volaris, Viva Aerobus, Aeromexico, and Brazil’s GOL. Other airlines will publish their financial results in the next few weeks, and we will continue 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...
The Latin American region has had the fastest recovery in terms of capacity and passenger numbers worldwide. This region has benefited from open borders, relaxed travel restrictions, proximity to the United States’ booming market, and more. Nonetheless, the...
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