VLRS Stock Recent News

MEXICO CITY, , July 22, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, today reports its unaudited financial results for the second quarter of 20241.

Kinetic expands global footprint in the higher education market with acquisition of Bullet Solutions, enabled by Volaris Group. Kinetic expands global footprint in the higher education market with acquisition of Bullet Solutions, enabled by Volaris Group.

Volaris experienced revenue growth in Q1 despite a 13% capacity reduction, with TRASM up 21% due to market constraints. The company expects further capacity reductions in Q2 but anticipates improved EBITDAR margins and increased CapEx for engine procurement. Despite facing challenges and a lower stock price, Volaris remains undervalued due to efficient cost management and revenue optimization strategies.

MEXICO CITY, July 08, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its June 2024 preliminary traffic results.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #acg--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one A321neo aircraft on long-term lease to Volaris. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the third of four aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and Volaris. ACG specializes in commercial aircraft leasing and aviation finance. In add.

MEXICO CITY, June 06, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its May 2024 preliminary traffic results.

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.