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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.

Rhea-AI Summary
Volaris reports strong August 2023 traffic results with a 12.9% increase in passengers and load factor increase of 2.3 pp YoY to 87.2%
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Rhea-AI Summary
Controladora Vuela Compañía de Aviación, also known as Volaris, has announced its financial results for the second quarter of 2023. The company reported total operating revenues of $782 million, a 13% increase compared to the same period last year. However, total revenue per available seat mile (TRASM) decreased by 4.2% to $7.92 cents. The company's net income for the quarter was $6 million, with earnings per share of $0.00. Volaris plans to focus on delivering total operating revenues between $3.2 and $3.4 billion and an EBITDAR margin of 29% to 31% for the full year.
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-7.24%
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Rhea-AI Summary
Volaris, the ultra-low-cost carrier serving Mexico and the Americas, reports its June 2023 preliminary traffic results. Capacity increased by 16.1% YoY, while demand increased by 14.6%. Volaris transported 2.7 million passengers, a 13.7% increase compared to June 2022. Demand in the Mexican domestic and international markets increased by 10.4% and 24.1% respectively.
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Controladora Vuela Cia De Aviacion

NYSE:VLRS

VLRS Rankings

VLRS Stock Data

854.38M
801.89M
2.62%
45.41%
1.13%
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.