All Volaris articles – Page 2
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NewsWizz and Frontier backer Indigo invests in US sustainable-fuel start-up
US private equity firm Indigo Partners is among the participants in a consortium investing $50 million in a start-up company concentrating on sustainable aviation fuel production. The company, CleanJoule, is based in Salt Lake City and says it is working to develop a “breakthrough technology” to offer “superior and cost-effective” ...
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Airline BusinessAirline Business performance tracker: Americas Q1 2023
Key data from the most-recent Americas earnings period – the January-March 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsVolaris’ US flying profitable as it eagerly awaits Cat 1 safety upgrade
Volaris said its US flying was profitable during the first quarter of 2023, as it eagerly awaits a safety upgrade by the Federal Aviation Administration so that it can expand its transborder business by the end of the year.
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Airline BusinessAirline Business performance tracker: Americas Q4 2022
Key data from the most-recent Americas earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsVolaris expects FAA’s Mexico safety upgrade in 'next six months’: CEO
Mexican ultra-low-cost carrier Volaris expects the Federal Aviation Administration to restore the country’s “Category 1” safety status later this year.
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NewsVolaris reports $28m fourth-quarter profit as it expands capacity
Mexico’s Volaris reported a profit of $28 million during the fourth quarter of 2022, as it expanded capacity and kept expenses flat.
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Airline BusinessAirline Business performance tracker: Americas Q3 2022
Key data from the most-recent Americas earnings period – the third quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Airline BusinessWeathering storms: Avianca survives pandemic, bankruptcy and ‘painful’ changes
The airline recently navigated a series of challenges, from the Covid-19-related travel bans that grounded aircraft throughout Latin America, to financial restructuring and ultimately embracing the model of a discount airline.
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NewsVolaris keeps foot on growth pedal but fuel costs drag down Q3 profits
Mexican low-cost carrier Volaris lifted revenues a fifth in the third quarter as its strong growth continues, but higher fuel costs dragged down its profits for the period.
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Airline BusinessHow leading Latin carriers are faring in return to pre-crisis levels
After the most challenging of two years, the recent earnings quarter for Latin American operators offered an altogether more positive picture.
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NewsMexico’s Volaris boosts revenue during second quarter
Mexican ultra-low-cost carrier Volaris boosted sales in the second quarter of the year as capacity climbed and load factors remained “healthy”.
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NewsVolaris ‘well-positioned’ for a successful summer travel season
Ultra-low-cost carrier Volaris anticipates lower coronavirus infections and ongoing strong demand for leisure travel to Mexico will make for a successful summer season.
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NewsUS, Mexican regulators make ‘significant’ safety progress: Volaris CEO
Mexican ultra-low-cost carrier Volaris expects the Federal Aviation Administration will restore Mexico’s aviation safety rating in the second half of 2022 as it seeks to expand between the USA and Mexico – the backbone of its business.
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NewsMexico’s Volaris credits Q4 revenue rise to ‘disciplined growth’
Volaris says its ”disciplined growth strategy” through the changing demand environment during the fourth quarter helped it achieve a 43% rise in total revenue over the same period in pre-pandemic 2019.
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Airline BusinessDubai air show reinforces pandemic recovery themes among airlines
Organisers and visitors alike will be hoping that the biennial Dubai air show has bookended the worst of the Covid-19 crisis, proving the maxim that ‘timing is everything’.
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NewsIndigo Partners unveils huge order for over 250 Airbus jets
Airbus opened the Dubai air show with a powerful recovery signal by unveiling a huge order for 255 aircraft to be taken up by the airlines of Indigo Partners. Its agreement for single-aisle aircraft appears to quash any suggestions, voiced ahead of the show, that the air transport crisis might ...
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NewsVolaris Q3 net profit more than doubles over 2019 level
Mexican ultra-low-cost carrier Volaris reports strong earnings during the third quarter of 2021 as tourists flocked to the country in greater numbers, and more domestic passengers chose to travel by air.
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Airline BusinessFor Latin America’s airlines, return to 2019 is ‘not good enough’
As Latin American carriers make a steep climb out of the crisis, the region’s pre-pandemic normal is an undesirable summit
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NewsVolaris to launch El Salvador subsidiary in September
Mexican ultra-low-cost carrier Volaris has obtained authority to operate a subsidiary in El Salvador.
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NewsVolaris rules out purchasing aircraft before 2023
Volaris will finance its fleet via operating leases rather than with direct purchases until at least 2023, chief financial officer Jaime Pous has disclosed.
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