Mexico’s Volaris doubles 2Q net profit

Credit: Rob Finlayson
Mexican ultra-low-cost carrier (ULCC) Volaris posted net income of MXP935 million ($50 million) for the 2016 second quarter, more than doubling its MXP351 million net profit reported in 2Q 2015 . Volaris said its 2Q results were driven by rising passenger traffic (which increased 24% year-over-year)...

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