Thursday, 18 April 2024

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Business News

Volaris reports March 2024 traffic results – TipRanks Financial Blog

North American rail traffic up 5.7% for the week ending December 16 – TipRanks Financial Blog

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Controladora Vuela Compania de Aviacion, S.A.B. de C.V. reports its March 2024 preliminary traffic results. In March 2024, Volaris’ ASM capacity decreased by 15.8% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings. However, load factor increased by 1.3 pp YoY to 86.8%, as RPMs decreased by less than capacity. Mexican domestic RPMs decreased by 24.2%, while international RPMs increased by 7.1%. Volaris transported 2.3 million passengers during the month.

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