Last week, there was plenty of news regarding the Mexican aviation industry . First of all, the three main domestic carriers, Aeromexico, Volaris, and Viva Aerobus, all published their financial results with combined net revenue of US$2.23 billion and net…
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…
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 Category…
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 three…
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,…
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…