Volaris Reports Financial Results for the Second Quarter 2024: Net Income of USD $10 million

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 ...