Volaris posts $62 million 1Q net loss, cites domestic LCC fare rivalry

Credit: Rob Finlayson
Mexican ultra-LCC Volaris reported a MXP1.1 billion ($61.5 million) net loss for the first quarter of 2018, narrowed from a MXP1.3 billion net loss in 1Q 2017, as competitive low-cost fares in the country’s domestic market and increased industry capacity continued to inflict pressure on the Mexico...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.