Volaris 2016 net profit up 42.8%

Credit: Rob Finlayson
Mexican low-cost carrier Volaris posted a 2016 net profit of MXN3.5 billion ($170 million), up 42.8% over net income of MXN2.46 billion in 2015 , on a 29.3% year-over-year rise in revenue to MXN20.8 billion. Volaris, in releasing its earnings, announced it would begin charging a fee for the first...

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