Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ADR (2CDA)
XDUS 
Summary
2CDA Chart
Volaris Reports Increase in Consolidated Load Factor for September
Volaris' September traffic rose faster than capacity, lifting consolidated load factor to 84.4% as passenger volumes increased 4.2% year over year.
Volaris: A Cautious Buy On Operational Turn-Around And Macro Outlook
I rate Volaris a cautious buy, emphasizing operational recovery and macro-driven upside potential. VLRS is emerging from significant fleet groundings, with improving load factors and strong pricing power despite ongoing jet fuel headwinds. Financial health remains solid: liquidity improved to $824M in Q2, net debt/EBITDAR is stable at 3.2–3.3x, and there are no near-term maturities.
Volaris Reports Decrease in Consolidated Load Factor for August
VLRS saw August traffic rise 15.4% year over year, while capacity grew 15.8%, pushing consolidated load factor down 0.3 points to 84.4%.
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ADR (2CDA) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ADR ever had a stock split?
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ADR Profile
| Passenger Airlines Industry | Industrials Sector | Enrique Javier Beltranena Mejicano CEO | XDUS Exchange | US21240E1055 ISIN |
| MX Country | 7,098 Employees | - Last Dividend | - Last Split | 18 Sep 2013 IPO Date |
Overview
Controladora Vuela Compañía de Aviación, S.A.B. de C.V., commonly known by its trade name Volaris, is a prominent airline based in Mexico City, Mexico. Founded in 2005, the company has grown to provide vital air transportation services both within Mexico and internationally. It operates under its subsidiary, Concesionaria Vuela Compañía de Aviación, S.A.P.I. de C.V., focusing predominantly on passenger, cargo, and mail transport. As of the end of 2022, Volaris managed an extensive schedule with approximately 590 daily flights. These flights connect an expansive network including 43 cities across Mexico, 22 cities in the United States, 4 cities in Central America, and 2 in South America. The airline’s fleet comprised 116 leased aircraft and 23 spare engines, showcasing its capability to meet the demands of its widespread operations.
Products and Services
Volaris offers a comprehensive range of products and services tailored to meet the varied needs of its customers. These include:
- Merchandising: This service provides an array of Volaris-branded products and other merchandise, which can be a memento of a traveler's journey or gifts for loved ones. It's a way of extending the travel experience beyond the flight itself.
- Travel Agency Services: Volaris goes beyond merely offering flights by providing complete travel solutions through its agency services. This includes hotel bookings, car rentals, and travel packages, making it easier for travelers to plan their entire trip with a single provider.
- Loyalty Program: To reward its frequent flyers, Volaris has a loyalty program that allows customers to earn points on every flight. These points can be redeemed for future flights, upgrades, and other benefits, thus enhancing customer loyalty and encouraging repeated business.
- Specialized and Aeronautical Technical Services: Apart from its customer-facing services, Volaris also offers specialized technical services in the aeronautics field. This includes aircraft maintenance, repair, and overhaul (MRO) services, highlighting the airline's comprehensive capabilities beyond its core function of transportation.
Contact Information
