Volaris Cost-Cutting Leads To 2Q Net Profit

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

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