Volaris reported a 7% decline in revenue in the second quarter, driven by a 17% decline in available seat miles (capacity, in other words). Yield (total revenue per available seat mile, or TRASM) improved 12%, but revenue still missed by about 3%. On the cost side, total costs per available seat mile (or CASM) rose 9% to $0.081, while CASM ex-fuel rose 11% to $0.053. This was better than expected, with the company under-spending in areas like marketing and maintenance (no need to market for grounded flights ...

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) Q2 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Ricardo Martinez - Investor Relations Director Enrique Javier Beltranena Mejicano - President and Chief Executive Officer Holger Blankenstein - Executive Vice President, Airline Commercial and Operations Jaime Esteban Pous Fernandez - Chief Financial Officer Conference Call Participants Duane Pfennigwerth - Evercore ISI Stephen Trent - Citi Michael Linenberg - D ...

Second Quarter 2024 Highlights Net income of $10 million. Earnings per American Depositary Shares (ADS) of $9 cents. Total operating revenue of $726 million, a 7.2% decrease. Total revenue per available seat mile (TRASM) increased 12% to $8.89 cents. Available seat miles (ASMs) decreased by 17% to 8.2 billion. Total operating expenses of $660 million, representing 91% of total operating revenue. Total operating expenses per available seat mile (CASM) increased 9.1% to $8.08 cents. Average economic fuel cost ...

A n a l y s t C o v e r a g e | I n s t i t u t i o n | A n a l y s t | | --- | --- | | AIR C o n t r ol To w e r | N eil Gly n n | | B a n k o f A m e ric a | R o g e rio A r a u j o | | B a n o r t e | J o s é E s pitia | | B a r cla y s | P a blo M o n siv ais | | B r a d e s c o | Vic t o r Miz u s a ki | | BBVA | Pablo Abraham | | B T G P a c t u al | L u c a s M a r q uio ri | | Citi | Stephen Trent | | C o w e n | H ela n e B e c k e r | | D e u t s c h e B a n k | Mic h a el Lin e n b e r g | | E v ...

volaris + Conclusion: Volaris Remains Undervalued Volaris Revenues Grow As Company Manages Capacity | --- | --- | --- | --- | --- | --- | --- | |--------------------------------|-------|------------|----------------------|------------|------------------------|-------| | -10 \nTotal Operating Revenues | | TRASM | trate \nCASM ex fuel | | EBIT | | | USD $768M | | USD 9.34c | USD 5.16c | | USD $104M | | | 11 | | | | | | | | EBITDAR | | Net Income | Liquidity | 22% of LTM | Net Debt / LTM EBITDAR | | | USD $235 ...

Passengers: The total number of passengers booked on all flight segments. Media Contact Israel Álvarez / ialvarez@gcya.net MEXICO CITY, July 08, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its June 2024 preliminary traffic results. The information included in this report has not been audited and does not provid ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT O ...

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Q1 2024 Results Conference Call April 23, 2024 11:00 AM ET Company Participants Ricardo Martinez - Investor Relations Director Enrique Javier Beltranena Mejicano - President and Chief Executive Officer Holger Blankenstein - Executive Vice President, Airline Commercial and Operations Jaime Esteban Pous Fernandez - Chief Financial Officer Conference Call Participants Duane Pfennigwerth - Evercore ISI Stephen Trent - Citi Michael Linenberg - D ...

Annex - Financial derivate instruments 1) Management's discussion about derivative financial instrument policies explaining whether these policies allow them to be used only for hedging or other purposes such as trading. The Company´s activities are exposed to different financial risks resulting from exogenous variables that are not under its control, but whose effects can be potentially adverse. The Company's global risk management program is focused on existing uncertainty in the financial markets and is ...

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Q4 2023 Earnings Conference Call February 27, 2024 9:00 AM ET Company Participants Ricardo Martinez - Investor Relations Director Enrique Javier Beltranena Mejicano - President and Chief Executive Officer Holger Blankenstein - Executive Vice President, Airline Commercial and Operations Jaime Esteban Pous Fernandez - Chief Financial Officer Conference Call Participants Duane Pfennigwerth - Evercore ISI Stephen Trent - Citi Michael Linenberg ...