Controladora Vuela Cia de Aviacion SAB de CV

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58 articles for Controladora Vuela Cia de Aviacion SAB de CV

Volaris: Flash: Demand continues to show strength

Volaris’ total passengers in February rose 17.3% y/y, supported by a 12.9% domestic growth and 38.0% in international. The company noted that the cost of fuel was slightly more favorable than its estimate for the year. The positive outlook, including...
Banorte Jose Itzamna
Jose Itzamna Espitia Hernandez @ Banorte 9 March 2023

Volaris: Quarterly Report 4Q22: Positive 2023 guidance with recovery in profitability

In 4Q22, higher jet fuel costs impacted the company’s margins, in line with expectations, overshadowing revenue growth. Despite the weakness in results, company's profitability continued to improve sequentially. A positive 2023 guidance, with a remar...
Banorte Jose Itzamna
Jose Itzamna Espitia Hernandez @ Banorte 27 February 2023

Volaris: Flash: 2023 starts with higher traffic growth

Volaris’ total passengers in January increased 21.8%, supported by domestic growth 19.0% y/y and international 32.7% y/y. Highlighting the 42.2% y/y increase in the cost of fuel per gallon to US$3.81, up from December (+16.9%). Figures reflected stro...
Banorte Jose Itzamna
Jose Itzamna Espitia Hernandez @ Banorte 9 February 2023

Volaris: Flash:Closes 2022 with positive trend in traffic and lower sequential fuel costs

Volaris’ total passengers in December increased 13.9% y/y, supported by domestic growth 11.9% and international 22.5%. Load factor fell by 1.2pp to 84.7%. Although the cost of fuel rose 29.9% y/y, it dropped 16.4% sequentially. We expect an improveme...
Banorte Jose Itzamna
Jose Itzamna Espitia Hernandez @ Banorte 6 January 2023

Volaris: Traffic maintains positive trend

Volaris’ total passengers in November increased 13.7% y/y, supported by domestic growth 9.5% and international 32.7%. Load factor decreased 0.6pp, although standing at a good level of 88.0%. In turn, the cost of fuel dropped 2.7% m/m. We expect an im...
Banorte Jose Itzamna
Jose Itzamna Espitia Hernandez @ Banorte 8 December 2022

Volaris: Flash: Record factor load, but relevant fuel pressures remain

Volaris’ total passengers in October increased 22.0% y/y, supported by domestic growth 21.6% and international 23.8%. Load factor (89.7%) reached a monthly record, but cost of fuel was above September’s figure. We expect an improvement in margins m/m...
Banorte Jose Itzamna
Jose Itzamna Espitia Hernandez @ Banorte 7 November 2022

Details

Mexico
LatAm
Retailing
About
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. is a low-cost airline carrier based in Mexico. The Company offers an unbundled pricing strategy which allows them to provide low base fares and enables its passengers to select and pay for a range of optional products and services for additional fees.

Associated topics

Controladora Vuela Cia de Aviacion SAB de CV Consumer Discretionary Mexico Jose Itzamna Espitia Hernandez Retailing Equity Volaris Marissa Garza Ostos Eridani Ruibal Ortega Volaris' 2019 US 2021 Volaris’