Controladora Vuela Compania de Aviacion SAB de CV
F:2CDA

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Controladora Vuela Compania de Aviacion SAB de CV
F:2CDA
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Price: 5.35 EUR
Market Cap: €615.5m

Controladora Vuela Compania de Aviacion SAB de CV
Investor Relations

Controladora Vuela Compañía de Aviación, better known as Volaris, is a low-cost airline. It flies passengers on scheduled routes mainly in Mexico, and also connects Mexico with the United States and a few other destinations. The company sells seats, checked bags, seat selection, and other add-on travel services. Its main customers are leisure travelers, price-sensitive families, and people visiting friends and relatives who want cheap fares and flexible ticket choices. Volaris makes money mostly from passenger tickets and from extra fees tied to the trip, which lets it keep base fares low and earn more from customers who want added convenience. What sets Volaris apart is its ultra-low-cost model. It uses a simple fleet, dense seating, and a no-frills service style to keep prices down and turn aircraft over quickly. In the airline industry, that makes it a high-volume transport business focused on cost control, ancillary sales, and efficient route planning rather than premium service.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Jul 22, 2026
AI Summary
Q2 2026

Revenue: Volaris reported $859 million of operating revenue, up 24% year over year, helped by stronger demand, disciplined capacity, and a 16% increase in revenue per passenger.

Margins: Second-quarter EBITDAR margin was 16.3%, above the company’s 13% guidance, helped by better-than-expected fuel prices and solid commercial execution.

Outlook: Management reinstated full-year EBITDAR margin guidance at approximately 23% and guided third-quarter TRASM to about $0.099, with ASM growth of about 10% in the quarter and about 5% for the full year.

Fuel Response: The company said it reacted quickly to the “most challenging fuel environment” in its history by trimming capacity, suspending weak flights, and shifting flying to routes with better cash and margin contribution.

Fleet Recovery: Aircraft on ground fell from 41 at the start of the year to 24 at quarter-end, and Volaris said it expects the recovery to continue, with normalization anticipated by the end of 2027.

Liquidity: Cash ended the quarter at $824 million, up $58 million from the first quarter, even as the company absorbed higher fuel costs and continued maintenance spending.

Strategic Moves: Volaris said its Viva transaction is still moving through regulatory approvals, and it also announced plans to roll out Starlink across the fleet starting next year, with management expecting it to support ancillary revenue.

Key Financials
Operating revenue
$859 million
Total revenue
$1.6 billion
TRASM
$0.095
CASM
$0.1058
CASM ex fuel
$0.0675
EBITDAR
$141 million
EBITDAR margin
16.3%
Net loss
$127 million
Cash
$824 million
Operating cash flow
$272 million
CapEx
$148 million
Net debt-to-EBITDAR
3.3x
Fuel efficiency
109.2 ASMs per gallon
Average base fare
25% YoY increase
Ancillary revenue per passenger
$59
Aircraft on ground
24
Fleet size
155 aircraft
International capacity share
43% of total ASMs
Total ASMs
2% growth
Other Earnings Calls

Management

Mr. Enrique Javier Beltranena Mejicano
President, CEO & Director
No Bio Available
Mr. Jaime Esteban Pous Fernandez
Senior VP & CFO
No Bio Available
Mr. Jose Luis Suarez Duran
Senior VP & COO
No Bio Available
Renato Salomone
Senior Corporate Finance & Investor Relations Director
No Bio Available
Mr. Jose Alejandro de Iturbide Gutierrez
Chief Legal Officer, VP & Secretary of the Board of Directors
No Bio Available
Daniel Gelemovich
Director of Marketing & Digital
No Bio Available
Mr. Holger Blankenstein
Executive Vice President of Airline Commercial & Operations
No Bio Available
Mr. Dionisio Perez-Jacome Friscione
Vice President of Sustainability & Corporate Affairs
No Bio Available

Contacts

Address
MEXICO, D.F.
Mexico City
Avenida Antonio Dovali Jaime No. 70 Piso 13, Torre B, Colonia Zedec Santa Fe
Contacts
+525552616400
ir.volaris.com