Mexico City-based ultra LCC Volaris posted its first quarterly profit of 2017, reporting MXN731 million ($40.2 million) in third-quarter net income, down 27.6% from MXN1 billion in 3Q 2016. “Demand and traffic patterns, despite a competitive fare environment, had been sequentially improving, but in September, natural disasters in Mexico and in the region temporarily interrupted such recovery,” Volaris CEO Enrique Beltranena said. In September, the airline faced hurricanes Irma ...

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