Equity Analysis /
Mexico

ASUR: Flash ASUR: July passenger numbers below estimates

    Marissa Garza Ostos
    Marissa Garza Ostos

    Head of Equity Research

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    Jose Itzamna Espitia Hernandez
    Jose Itzamna Espitia Hernandez

    Senior Equity Research Analyst, Infrastructure, Materials and Transportation

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    Banorte
    7 August 2020
    Published byBanorte
    Volaris announced a 50.3% y/y drop in its total passengers in July due to the pandemic. July traffic report continues to provide signs of a faster recovery in demand, which should be welcomed by the market.