Equity Analysis /

Volaris: Flash: Passenger rise continues, and fuel cost decreases sequentially

  • Volaris’ passenger traffic continues to grow (22.2% y/y), although with a lower load factor, dropping 84.7% (-4.8pp)

  • Fuel cost per gallon stood out with an increase of 80.6% y/y, while it favorably decreased 11% m/m

  • Although the long-run outlook is positive, higher fuel costs will keep generating stock price volatility

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

5 August 2022
Published byBanorte


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