Mexico’s Grupo Viva Aerobus posts $37 million net profit for 2016
Mexican low-cost carrier (LCC) Grupo Viva Aerobus posted a 2016 net profit of MXP765.8 million ($37 million), a 69.2% increase over the company’s MXP452.7 million 2015 net income. The airline’s 2016 net income margin was 12.3%, up 2 points from 2015. In November 2016, the LCC became an all-Airbus...
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