Volaris Continues Financial Rebound; Posts $20 Million 1Q Net Profit

Mexican ultra-low-cost carrier (ULCC) Volaris posted a net profit of MXP306 million ($20.1 million) for first quarter of 2015, reversing a MXP370 million net loss endured by the carrier in its March 2014 quarter. “We continue to diversify our network and strengthen our unbundled product strategy...

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