Volaris posts $73 million 1Q net loss

Credit: Rob Finlayson
Mexican ultra-low-cost carrier (ULCC) Volaris reported a MXP1.4 billion ($72.7 million) net loss for the first quarter of 2017, reversed from a MXP602 million net profit in the year-ago quarter. Volaris CEO Enrique Beltranena said the company “faced a challenging market and geopolitical environment”...

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