Grupo VivaAerobus, holding company of Mexican LCC VivaAerobus, posted a MXN409 million ($22.5 million) net profit for the 2017 third quarter, up 33.1% over MXN307.5 million net income in 3Q 2016. The company attributed the results to increased 3Q load factor and capacity, driven by competitive pricing. Net income margin was 18%, up 1.6 points from 3Q 2016. The airline had a 91% passenger load factor during the quarter, up 2.7 points year-over-year (YOY); passenger numbers were up 16.5% YOY ...

Subscribe to Access this Entire Article

"VivaAerobus 3Q net profit up 33% as passengers, load factor surge" 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? here.