Controladora Vuela CompañÃa de Aviación, S.A.B. de C.V., through its subsidiaries, Concesionaria Vuela CompañÃa de Aviación, S.A.P.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 410 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, and 3 cities in Central America. As of December 31, 2020, it operated through a fleet of 86 aircraft. The company also offers merchandising, recruitment and payroll, travel agency, and loyalty program services. Controladora Vuela CompañÃa de Aviación, S.A.B. de C.V. was incorporated in 2005 and is headquartered in Mexico City, Mexico.
IPO Year: 2013
Exchange: NYSE
Website: volaris.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/23/2025 | $6.00 → $7.00 | Buy | TD Cowen |
5/6/2025 | Outperform → Market Perform | Itau BBA | |
4/29/2025 | $4.50 | Overweight → Equal Weight | Barclays |
4/29/2025 | $4.40 | Overweight → Equal-Weight | Morgan Stanley |
4/25/2025 | $10.00 → $6.00 | Buy | TD Cowen |
2/12/2025 | $12.00 | Outperform | Itau BBA |
10/24/2024 | $13.00 → $14.00 | Buy | TD Cowen |
10/22/2024 | $10.00 → $13.00 | Buy | TD Cowen |
7/17/2024 | $11.00 → $10.00 | Buy | TD Cowen |
5/24/2024 | $12.00 | Overweight | Morgan Stanley |
TD Cowen reiterated coverage of Volaris Aviation with a rating of Buy and set a new price target of $7.00 from $6.00 previously
Itau BBA downgraded Volaris Aviation from Outperform to Market Perform
Barclays downgraded Volaris Aviation from Overweight to Equal Weight and set a new price target of $4.50
Morgan Stanley downgraded Volaris Aviation from Overweight to Equal-Weight and set a new price target of $4.40
TD Cowen reiterated coverage of Volaris Aviation with a rating of Buy and set a new price target of $6.00 from $10.00 previously
Itau BBA initiated coverage of Volaris Aviation with a rating of Outperform and set a new price target of $12.00
TD Cowen reiterated coverage of Volaris Aviation with a rating of Buy and set a new price target of $14.00 from $13.00 previously
TD Cowen reiterated coverage of Volaris Aviation with a rating of Buy and set a new price target of $13.00 from $10.00 previously
TD Cowen reiterated coverage of Volaris Aviation with a rating of Buy and set a new price target of $10.00 from $11.00 previously
Morgan Stanley initiated coverage of Volaris Aviation with a rating of Overweight and set a new price target of $12.00
MEXICO CITY, April 8, 2022 /PRNewswire/ -- Volaris* (NYSE:VLRS, BMV:VOLAR), announces a summons for the general ordinary annual shareholders' meeting to be held on April 26, 2022. Under Mexican law Volaris needs to hold a general ordinary shareholders' meeting at least once a year in respect of general corporate matters. A courtesy English translation of this year's shareholders' meeting agenda is attached as exhibit. The information included in this report has not been audited and it does not provide information on the company's future performance. Volaris' future performance
MEXICO CITY, June 4, 2021 /PRNewswire/ -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ("Volaris" or the "Company") (NYSE: VLRS and BMV: VOLAR), an ultra-low-cost airline serving Mexico, the United States of America and Central America, announces the appointment of José Alejandro de Iturbide Gutiérrez as Chief Legal Officer of Volaris, effective as of June 16, 2021, reporting directly to Mr. Enrique Javier Beltranena Mejicano, President and Chief Executive Officer of Volaris. Alejandro de Iturbide has extensive experience in the legal field, having previously served as General Counsel, Managing Director and Secretary of the Board of Directors of Grupo Financiero Citibanamex, havin
MEXICO CITY, April 9, 2021 /PRNewswire/ -- Volaris* (NYSE:VLRS, BMV:VOLAR), announces a summons for the general ordinary annual shareholders' meeting to be held on April 26, 2021. Under Mexican law Volaris needs to hold a general ordinary shareholders' meeting at least once a year in respect of general corporate matters. A courtesy English translation of this year's shareholders' meeting agenda is attached as exhibit. The information included in this report has not been audited and it does not provide information on the company's future performance. Volaris' future performance depends on many factors and it cannot be inferred that any period's performance or its comparison year over year wil
MEXICO CITY, March 17, 2021 /PRNewswire/ -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ("Volaris" or the "Company") (NYSE: VLRS and BMV: VOLAR), an ultra-low-cost airline serving Mexico, the United States and Central America, announces that Jaime E. Pous who has served as interim Chief Financial Officer since June 2020, has been promoted and appointed as permanent Chief Financial Officer. Jaime Pous has demonstrated the vision and leadership needed to successfully manage the administration and finances of the Company during the COVID-19 pandemic. He will oversee the finance, accounting, and investors relations departments, reporting directly to Enrique Javier Beltranena Mejicano
SC 13G/A - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Subject)
SC 13G/A - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Subject)
SC 13G/A - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Subject)
SC 13D - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Subject)
SC 13G/A - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Subject)
MEXICO CITY, July 21, 2025 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, 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 20251. Second Quarter 2025 Highlights(All figures are reported in U.S. dollars and compared to 2Q 2024 unless otherwise noted) Net loss of $63 million. Loss per American Depositary Shares (ADS) of $55 cents.Total operating revenues of $693 million, a 5% decrease.Total revenue per available seat mile (TRASM) decreased 12% to $7.80 cents.Available seat miles (ASMs) increased
MEXICO CITY, April 28, 2025 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, 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 first quarter 20251. First Quarter 2025 Highlights(All figures are reported in U.S. dollars and compared to 1Q 2024 unless otherwise noted) Net loss of $51 million. Loss per American Depositary Shares (ADS) of $45 cents.Total operating revenues of $678 million, a 12% decrease.Total revenue per available seat mile (TRASM) decreased 17% to $7.76 cents.Available seat miles (ASMs) incre
MEXICO CITY, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, 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 fourth quarter and full year of 20241. Fourth Quarter 2024 Highlights(All figures are reported in U.S. dollars and compared to 4Q 2023 unless otherwise noted) Net income of $46 million. Earnings per American Depositary Shares (ADS) of $40 cents.Total operating revenues of $835 million, a 7% decrease.Total revenue per available seat mile (TRASM)
MEXICO CITY, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, 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 third quarter of 20241. Third Quarter 2024 Highlights(All figures are reported in U.S. dollars and compared to 3Q 2023 unless otherwise noted) Net income of $37 million. Earnings per American Depositary Shares (ADS) of $32 cents.Total operating revenues of $813 million, a 4% decrease.Total revenue per available seat mile (TRASM) increased 12% to $9.38 cents.Available seat miles (ASMs) de
MEXICO CITY, , July 22, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, 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. Second Quarter 2024 Highlights(All figures are reported in U.S. dollars and compared to 2Q 2023 unless otherwise noted) Net income of $10 million. Earnings per American Depositary Shares (ADS) of $9 cents.Total operating revenue of $726 million, a 7.2% decrease.Total revenue per available seat mile (TRASM) increased 12% to $8.89 cents.Available seat miles (ASM
MEXICO CITY, April 22, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, 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 cents.Total operating revenues of $768 million, a 5.1% increase.Total revenue per available seat mile (TRASM) increased 21% to $9.34 cents.Available seat miles (ASMs) decreased by 13% to 8.2 billion.Tot
MEXICO CITY, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, 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 fourth quarter and full year 20231. Fourth Quarter 2023 Highlights(All figures are reported in U.S. dollars and compared to 4Q 2022 unless otherwise noted) Net income of $112 million. Earnings per share of $0.10 and earnings per ADS of $0.97 cents.Total operating revenues of $899 million, a 10% increase.Total revenue per available seat mile (TRASM) increased 11% to $9.56 cents.A
MEXICO CITY, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, BMV:VOLAR) ("Volaris" or "The Company"), the ultra-low-cost airline serving Mexico, the United States, Central and South America, today announces its financial results for the third quarter 20231. Third Quarter 2023 Highlights(All figures are reported in U.S. dollars and compared to 3Q 2022 unless otherwise noted) Total operating revenues of $848 million, a 10% increase.Total revenue per available seat mile (TRASM) increased 1.8% to $8.37 cents.Available se
MEXICO CITY, July 24, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, BMV:VOLAR) ("Volaris" or "The Company"), the ultra-low-cost airline serving Mexico, the United States, Central and South America, today announces its financial results for the second quarter 20231. Second Quarter 2023 Highlights(All figures are reported in U.S. dollars and compared to 2Q 2022 unless otherwise noted) Total operating revenues of $782 million, a 13% increase.Total revenue per available seat mile (TRASM) decreased 4.2% to $7.92 cents.Available seat miles (ASMs) increased 18% to 9.9 billion.Total operating expenses of $731 million, representing 93
MEXICO CITY, April 24, 2023 /PRNewswire/ -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, BMV:VOLAR) ("Volaris" or "The Company"), the ultra-low-cost airline serving Mexico, the United States, Central and South America, today announces its financial results for the first quarter 2023[1]. First Quarter 2023 Highlights(All figures are reported in U.S. dollars and compared to 1Q 2022 unless otherwise noted) Total operating revenues of $731 million, a 29% increase.Total revenue per available seat mile (TRASM) increased 9.5% to $7.71 cents.Available seat miles (ASMs) increased 18% to 9.5 billion.Total operating expenses of $762 million, representing 104% of total operating r
Mexico's Largest Airline Increases CSAT by 30% Across Five Million Yearly Customer Interactions Using Verint CX Automation Verint® (NASDAQ:VRNT), The CX Automation Company™, today announced that Volaris, Mexico's largest airline, achieved breakthrough success in customer care with Verint AI-powered bots. With these bots, Volaris increased agent capacity, responded to customer needs with high accuracy and handled three times the number of calls with the same number of agents. Volaris moved its customer service to primarily digital channels, including messaging platforms and social media. Eighty-five percent of Volaris digital customer interactions are handled immediately by automated Ver
MEXICO CITY, July 21, 2025 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, 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 20251. Second Quarter 2025 Highlights(All figures are reported in U.S. dollars and compared to 2Q 2024 unless otherwise noted) Net loss of $63 million. Loss per American Depositary Shares (ADS) of $55 cents.Total operating revenues of $693 million, a 5% decrease.Total revenue per available seat mile (TRASM) decreased 12% to $7.80 cents.Available seat miles (ASMs) increased
MEXICO CITY, July 08, 2025 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, BMV:VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central and South America, reports its June 2025 preliminary traffic results. In June, Volaris' ASM capacity increased 0.6%, while RPMs for the month decreased 1.4%. Mexican domestic RPMs declined 2.0%, while international RPMs decreased 0.4%. As a result, the load factor decreased by 1.7 percentage points year-over-year to 83.9%. During the month, Volaris transported 2.4 million passengers. Enrique Beltranena, Volaris' President and CEO, said: "Volaris' capacity gro
Expeditious Transition Enables Airline to Deploy Aircraft to Maximize Peak Summer Travel Season CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited ("CDB Leasing"), announced today the delivery of three Airbus A320neo aircraft to its long-standing customer, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ("Volaris"). "We appreciate the strong partnership and collaboration with the Volaris team that resulted in the expedited transition process involved in the execution of these three aircraft transactions," commented Jie Chen, CDB Aviation's Chief Executive Officer. "We will continue to work with quality airline customers like Vo
MEXICO CITY, June 04, 2025 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, BMV:VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central and South America, reports its May 2025 preliminary traffic results. In May, Volaris' ASM capacity increased by 9.0% year-over-year, while RPMs for the month grew by 3.5%. Mexican domestic RPMs increased 5.7%, while international RPMs were effectively flat. As a result, the load factor decreased by 4.3 percentage points year-over-year to 81.8%. During the month, Volaris transported 2.5 million passengers. Enrique Beltranena, Volaris' President and CEO, sa
MEXICO CITY, May 07, 2025 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, BMV:VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central and South America, reports its April 2025 preliminary traffic results. In April, Volaris' ASM capacity increased by 16.9% year-over-year, while RPMs for the month grew by 12.7%. Mexican domestic RPMs increased 12.9%, while international RPMs increased 12.2%. As a result, the load factor decreased by 3.1 percentage points year-over-year to 81.6%. During the month, Volaris transported 2.6 million passengers. Enrique Beltranena, Volaris' President and CEO, said:
NEW YORK, April 29, 2025 /PRNewswire/ -- Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, today announced the completion of two new facilities for Sirius Aviation Capital Holdings Limited ("Sirius"), a global aircraft lessor based in Abu Dhabi Global Market. Both A320-200s, the aircraft are currently operating on lease to ANA's Peach Aviation Limited ("Peach") in Japan and Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, BMV:VOLAR) ("Volaris") in Mexico. "Ashland Place is appreciative of the collaboration with the Sirius team to complete these two additional transactions," said Jennifer Villa, Ashland Place's Executive Director and Gr
MEXICO CITY, April 28, 2025 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, 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 first quarter 20251. First Quarter 2025 Highlights(All figures are reported in U.S. dollars and compared to 1Q 2024 unless otherwise noted) Net loss of $51 million. Loss per American Depositary Shares (ADS) of $45 cents.Total operating revenues of $678 million, a 12% decrease.Total revenue per available seat mile (TRASM) decreased 17% to $7.76 cents.Available seat miles (ASMs) incre
MEXICO CITY, April 07, 2025 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, BMV:VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central and South America, reports its March 2025 preliminary traffic results. In March, Volaris' ASM capacity increased by 10.9% year-over-year, while RPMs for the month grew by 7.8%. Mexican domestic RPMs increased 9.9%, while international RPMs increased 4.6%. As a result, the load factor decreased by 2.4 percentage points year-over-year to 84.4%. During the month, Volaris transported 2.6 million passengers. Enrique Beltranena, Volaris' President and CEO, said: "
MEXICO CITY, March 07, 2025 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS, BMV:VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central and South America, reports its February 2025 preliminary traffic results. In February, Volaris' ASM capacity increased by 3.4% year-over-year, while RPMs for the month grew by 2.5%. Mexican domestic RPMs increased 3.6%, while international RPMs rose 0.7%. As a result, the load factor decreased by 0.7 percentage points year-over-year to 85.2%. During the month, Volaris transported 2.2 million passengers. Enrique Beltranena, Volaris' President and CEO,
6-K - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Filer)
6-K - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Filer)
6-K - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Filer)
20-F - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Filer)
6-K - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Filer)
6-K - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Filer)
6-K - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Filer)
6-K - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Filer)
6-K - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Filer)
6-K - Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (0001520504) (Filer)