Volaris Faces ‘Challenging’ Year As It Adds Capacity

Credit: Airbus
Mexico City-based ultra LCC Volaris, faced with an extremely competitive low cost market combined with fluctuating currency exchange rates, posted a MXP595 million ($30.2 million) full-year net loss for 2017, a reversal of the airline’s MXP3.5 billion net profit in 2016. Volaris’ full-year revenue...

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