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The U.S. Transportation Department said Wednesday it had fined Mexican carrier Volaris Airlines up to $300,000 for violating federal law on airport tarmac delays. Federal law and government regulations prohibit tarmac delays of four hours or more on international flights without providing passengers an opportunity to deplane. The department said in 2021 and 2022, Volaris allowed two flights to remain on the tarmac for lengthy periods without providing passengers an opportunity to deplane in Ho...
WASHINGTON (Reuters) -The U.S. Transportation Department said Wednesday it had fined Mexican carrier Volaris Airlines up to $300,000 for violating federal law on airport tarmac delays. Federal law and government regulations prohibit tarmac delays of four hours or more on international flights without providing passengers an opportunity to deplane. The department said in 2021 and 2022, Volaris allowed two flights to remain on the tarmac for lengthy periods without providing passengers an opport...
The U.S. Transportation Department said Wednesday it had fined Mexican carrier Volaris Airlines $300,000 for violating federal law on airport tarmac delays. Federal law and government regulations prohibit tarmac delays of four hours or more on international flights without providing passengers an opportunity to deplane. The department said in 2021 and 2022, Volaris allowed two flights to remain on the tarmac for lengthy periods without providing passengers an opportunity to deplane.
In this article, we will take a look at the 25 largest companies in Mexico by revenue. If you want to skip our detailed analysis, you can go directly to the 5 Largest Companies in Mexico by Revenue. Mexico’s Economic Landscape: An Overview According to a report by Deloitte, Mexico experienced a 3.7% year-over-year GDP […]
MEXICO CITY, May 09, 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 April 2024 preliminary traffic results. In April 2024, Volaris' ASM capacity decreased by 20.4% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings. RPMs declined by 21.3%,
Starting today, Frontier Customers will have access to more than 40 destinations in Mexico through Volaris PartnershipMEXICO CITY, May 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, welcomes Frontier Airlines reactivation of the Codeshare agreement between both airlines, facilitating travel between the Uni
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Q1 2024 Earnings Call Transcript April 23, 2024 Controladora Vuela Compañía de Aviación, S.A.B. de C.V. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, everyone. Thank you for standing […]
The company posted an unexpected first-quarter profit.
MEXICO CITY, April 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 announces its financial results for the first quarter 20241. First Quarter 2024 Highlights(All figures are reported in U.S. dollars and compared to 1Q 2023 unless otherwise noted) Net income of $33 million. Earnings per ADS of $0.29 ce
MEXICO CITY, April 03, 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 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