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Controladora Vuela Compañía de Aviación delivered better than expected EPS and quarterly results. Analysts are expecting EPS growth for Q3 2024. Recent capex growth, bus to air conversion, internationalization efforts, and network growth could accelerate net income growth in the coming years.
Volaris posted its first first-quarter profit since 2019. The airline is enjoying strong pricing power and the benefit of cost cuts.
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) Q4 2023 Earnings Call Transcript
Controladora Vuela (VLRS) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Mexican airline Volaris said on Tuesday it had reached an agreement with Pratt & Whitney on compensation for each GTF motor pulled from its fleet for inspections.
Volaris stock has underperformed despite a bullish view, prompting a review of its valuation. Base fares declined, load factors softened, and there are problems with the GTF that powers part of the Volaris fleet. Opportunities include increased services to US airports, and market penetration potential in Mexico.