Mexican ultra low-cost carrier (ULCC) Volaris has posted a first-quarter net profit of MXP306 million ($20.1 million), reversing a MXP370 million net loss for the 2014 March quarter. “We continue to diversify our network and strengthen our unbundled product strategy, increasing our international presence and growing non-ticket revenues while maintaining cost discipline,” Volaris CEO Enrique Beltranena said. “Volaris’ strong performance for the first three ...

Subscribe to Access this Entire Article

"Mexico’s Volaris swings to $20 million profit in 1Q " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? Log in here.