Volaris Provides Q3 Guidance: Expects ASM (YoY) Of About -14%, TRASM Of ~$9.3 Cents, CASM Excluding Fuel Of ~$5.6 Cents, And An EBITDAR Margin Of ~33%
$VLRS
Air Freight/Delivery Services
Consumer Discretionary
2024 Guidance
For the third quarter of 2024, the Company expects:
| 3Q’24 | 3Q’23 (1) | |||
| 3Q’24 Guidance | ||||
| ASM growth (YoY) | ~ -14% | +8.2% | ||
| TRASM | ~$9.3 cents | $8.37 cents | ||
| CASM ex fuel | ~$5.6 cents | $4.91 cents | ||
| EBITDAR margin | ~33% | 24.4% | ||
| Average USD/MXN rate | Ps.18.40 to 18.60 | Ps.17.06 | ||
| Average U.S. Gulf Coast jet fuel price | $2.60 to $2.70 | $2.77 | ||
(1) For convenience purposes, actual reported figures for 3Q'23 are included.