Mexico City-based Volaris reported a 2016 third-quarter net income of MXP1 billion ($55 million), down 7.1% from the year-ago period. But the ultra-low cost carrier (ULCC) continued its strong growth path, adding five new international routes, growing passenger numbers by 18.9% and increasing non-ticket revenues by 43.4%. Volaris’ total 3Q operating revenue was MXP6.7 billion for the third quarter, an increase of 29% year over year. Expenses, however, grew with operating costs per ...

Subscribe to Access this Entire Article

"Mexico’s Volaris sees strong 3Q growth; to start Costa Rica operation" 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?

Already registered? here.