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Controladora Vuela Cia De Aviacion - VLRS STOCK NEWS

Welcome to our dedicated news page for Controladora Vuela Cia De Aviacion (Ticker: VLRS), a resource for investors and traders seeking the latest updates and insights on Controladora Vuela Cia De Aviacion.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Controladora Vuela Cia De Aviacion's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Controladora Vuela Cia De Aviacion's position in the market.

News
Volaris Reports March 2024 Traffic Results: 87% Load Factor
Rhea-AI Summary
Controladora Vuela Compañía de Aviación (VLRS) reports March 2024 traffic results with a 15.8% ASM capacity decrease due to engine inspections. Despite this, load factor rose to 86.8%. Mexican domestic RPMs dropped by 24.2%, while international RPMs increased by 7.1%. Volaris transported 2.3 million passengers in March.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
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none
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News
Volaris Reports February 2024 Traffic Results: 86% Load Factor
Rhea-AI Summary
Volaris Reports February 2024 Preliminary Traffic Results: ASM Capacity Decreases, Load Factor Increases, Passenger Numbers Drop
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.17%
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none
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News
Volaris Reports Financial Results for the Fourth Quarter 2023: Net Income of USD $112 million
Rhea-AI Summary
Controladora Vuela Compañía de Aviación (VLRS) reports strong financial results for Q4 and FY 2023, with net income of $112 million in Q4 and $8 million for the year. Total operating revenues increased by 10% in Q4 and 14% for the year. TRASM increased by 11% in Q4 and 3.8% for the year. EBITDAR saw a significant increase of 35% in Q4 and 40% for the year. The company's proactive strategies and mitigation plans proved effective amidst challenges, leading to a positive outlook for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
earnings
News
Volaris Reports January 2024 Traffic Results: 88% Load Factor
Rhea-AI Summary
Volaris, an ultra-low-cost carrier serving Mexico, the United States, Central, and South America, reports a 10.7% decrease in ASM capacity and an 8.9% decrease in RPMs in January 2024 compared to the previous year. The load factor increased by 1.8 pp YoY to 88.0%, and the airline transported 13.0% fewer passengers compared to January 2023. Despite a decrease in domestic RPMs, international RPMs increased by 15.1%. Volaris' President and CEO highlighted the reduction in ASM capacity within the Mexican domestic market and the increase in international capacity following Mexico’s Category 1 upgrade by the United States’ Federal Aviation Administration (FAA). The company's booking curves suggest a positive trend in unit revenue growth for the upcoming months, in line with their 2024 guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.07%
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News
Volaris First Quarter and Full Year 2024 Guidance
Rhea-AI Summary
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR), known as Volaris, the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, announced its guidance for the first quarter and full year 2024. The company remains focused on executing its business plan to serve robust demand in its domestic and international markets and drive profitable growth despite constraints due to accelerated GTF engine preventive inspections. The priorities for the year are ensuring the safety of ambassadors and customers, driving profitability, and optimizing network reliability. The company also maintains the 2023 guidance provided to the market on October 10, 2023. For the first quarter of 2024, the company expects ASM growth (YoY) of -16% to -18%, TRASM of $8.5 to $8.7 cents, CASM ex fuel of $5.5 to $5.7 cents, and EBITDAR margin of 25% to 27%. For the full year 2024, the company expects ASM growth (YoY) of -16% to -18%, EBITDAR margin of 31% to 33%, and CAPEX of approximately $300 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.86%
Tags
none
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News
Volaris Reports December 2023 Traffic Results: 85% Load Factor
Rhea-AI Summary
Volaris (NYSE: VLRS and BMV: VOLAR) reports a 2.3% decrease in RPMs and a 3.1% decrease in ASM capacity in December 2023. Load factor increased to 85.4%, with 2.8 million passengers transported during the month. Mexican domestic RPMs decreased by 11.1%, while international RPMs increased by 18.4%. Volaris' President and CEO expressed confidence in the resilience of the network and the business plan for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
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none
News
Volaris Reports November 2023 Traffic Results: 90% Load Factor
Rhea-AI Summary
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) reports a November 2023 load factor increase of 1.8% year-over-year to 89.8%, despite a 0.9% decrease in passengers transported compared to November 2022. Mexican domestic RPMs decreased by 7.9%, while international RPMs increased by 17.6%. Volaris' ASM capacity decreased by 2.2% year-over-year, with a strategic capacity redeployment to the US market. The company reached an agreement with Pratt & Whitney for compensation for each GTF engine removed from its fleet, addressing fixed costs associated with the engines during inspections.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3%
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none
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News
Volaris Reports October 2023 Traffic Results: 2% YoY Demand Growth with an 89% Load Factor
Rhea-AI Summary
Volaris, the ultra-low-cost carrier serving Mexico and the Americas, reports its October 2023 preliminary traffic results. Capacity increased by 2.4% YoY, while demand increased by 2.2%. The load factor decreased by 0.2 pp to 89.5%. Volaris transported 2.7 million passengers, a 2.4% decrease compared to October 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.19%
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News
Volaris Reports Financial Results for the Third Quarter 2023
Rhea-AI Summary
Volaris announces Q3 2023 financial results with a 10% increase in total operating revenues. TRASM increased by 1.8% and ASMs increased by 8.2%. Net loss of $39 million. EBITDAR increased by 18%. Total cash and short-term investments totaled $764 million. Updated 2023 guidance includes ASM growth of 10% and CASM ex fuel of $4.8 cents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
earnings
News
Volaris Reports September 2023 Traffic Results: 3% YoY Demand Growth with an 84% Load Factor; Updating Full-Year 2023 Guidance
Rhea-AI Summary
Volaris reports September 2023 preliminary traffic results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.56%
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none
Stock VLRS logo
Controladora Vuela Cia De Aviacion

NYSE:VLRS

VLRS Rankings

#2951 Ranked by Market Cap
#3778 Ranked by Stock Gains
N/A Ranked by Dividends

VLRS Stock Data

862.06M
801.89M
2.62%
45.34%
0.66%
Scheduled Passenger Air Transportation
Transportation and Warehousing
Link
Mexico
Mexico D F

About VLRS

Volaris, legally Concesionaria Vuela Compañía de Aviación S.A.P.I. de C.V., is a Mexican low-cost airline based in Santa Fe, Álvaro Obregón, Mexico City with its hubs in Guadalajara, Mexico City, and Tijuana, and focus cities in Cancún, León, and Monterrey.