Volaris posts $2 million 2Q net profit on cost-cutting program

Credit: Rob Finlayson
Mexican ultra-LCC Volaris posted a MXP38 million ($2 million) net profit for 2018 second quarter, reversing a MXP508 million net loss in 2Q 2017. As economic fuel costs spiked 41% year-over-year (YOY) during the 2018 second-quarter, an intensive cost-reduction program enabled the carrier to finish...
Mark Nensel

Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter…

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