From GlobeNewswire:

Volaris, the ultra-low-cost carrier serving Mexico, the United States, Central, and South America, announced its guidance for the first quarter and full year 2024. The company expects to focus on ensuring safety, driving profitability, and optimizing network reliability. For the first quarter of 2024, Volaris expects ASM growth (YoY) to range from -16% to -18%, TRASM to be $8.5 to $8.7 cents, CASM ex fuel to be $5.5 to $5.7 cents, and an EBITDAR margin of 25% to 27%. For the full year 2024, the company anticipates ASM growth (YoY) to range from -16% to -18%, and an EBITDAR margin of 31% to 33%.1Q’23 figures are included for reference. The outlook includes compensation expectations for grounded aircraft resulting from GTF engine removals. Volaris’ priorities for the year include safety, profitability, and network reliability. The company’s future performance depends on several factors and cannot be inferred based on past performance.



Read more: Volaris First Quarter and Full Year 2024 Guidance