Controladora Vuela Compania de Aviacion SAB de CV (VLRS) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Volaris, the ultra-low-cost airline, reported a strong load factor of 87% in October 2024, despite a 6.8% decrease in ASM capacity due to engine inspections. The airline transported 2.5 million passengers, with a notable increase in international RPMs by 1.5%. CEO Enrique Beltranena highlights the sustained demand and positive booking trends heading into the holiday season, emphasizing prudent capacity recovery strategies.
For further insights into VLRS stock, check out TipRanks’ Stock Analysis page.