Earnings Report /
Mexico

Volaris: Quarterly Report 3Q21: Higher profitability and financial strength stand out

  • 3Q21 was very positive, with a solid sequential improvement, higher profitability and a strengthened balance sheet

  • 4Q21 guidance confirms the favorable outlook, supporting the company as one of the most benefited by the environment

  • However, a risk factor to monitor is the rise in oil prices, recalling that turbosine is the main expense

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Banorte
25 October 2021
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