Mexican low-cost carrier Volaris posted a 2016 net profit of MXN3.5 billion ($170 million), up 42.8% over net income of MXN2.46 billion in 2015, on a 29.3% year-over-year rise in revenue to MXN20.8 billion. Volaris, in releasing its earnings, announced it would begin charging a fee for the first bag checked on flights between Mexico and the continental US and Puerto Rico starting March 1. Even without the checked bag fee, the airline said ancillary revenue rose 12.9% year-over-year in 2016 ...

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