Controladora Vuela Compañía de Aviación, SAB de CV (VLRS)

NYSE: VLRS · IEX Real-Time Price · USD
7.80
-0.05 (-0.64%)
Apr 19, 2024, 4:00 PM EDT - Market closed
-0.64%
Market Cap 900.04M
Revenue (ttm) 2.85B
Net Income (ttm) -80.22M
Shares Out 115.39M
EPS (ttm) -0.04
PE Ratio 112.14
Forward PE 6.57
Dividend n/a
Ex-Dividend Date n/a
Volume 485,325
Open 7.81
Previous Close 7.85
Day's Range 7.73 - 7.97
52-Week Range 5.52 - 15.05
Beta 1.84
Analysts Strong Buy
Price Target 15.03 (+92.69%)
Earnings Date Apr 30, 2024

About VLRS

Controladora Vuela Compañía de Aviación, S.A.B. de C.V., through its subsidiary, Concesionaria Vuela Compañía de Aviación, S.A.P.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 590 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, 4 cities in Central America, and 2 cities in South America. As of December 31, 2022, it leased 116 aircrafts and 23 spare engines. The company also offers merchandising, travel agenc... [Read more]

Industry Airlines
Sector Industrials
Founded 2005
Employees 7,502
Stock Exchange NYSE
Ticker Symbol VLRS
Full Company Profile

Financial Performance

Financial numbers in MXN Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for VLRS stock is "Strong Buy." The 12-month stock price forecast is $15.03, which is an increase of 92.69% from the latest price.

Price Target
$15.03
(92.69% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Volaris Reports March 2024 Traffic Results: 87% Load Factor

MEXICO CITY, April 03, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serv...

15 days ago - GlobeNewsWire

Volaris Reports February 2024 Traffic Results: 86% Load Factor

MEXICO CITY, March 06, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serv...

6 weeks ago - GlobeNewsWire

Aviation Capital Group Announces Delivery of One A321neo to Volaris

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #acg--Aviation Capital Group LLC (“ACG”) announced the delivery of one new Airbus A321neo aircraft on long-term lease to Volaris. Powered by the ultra-efficien...

7 weeks ago - Business Wire

Volaris Acquires Zeit AG

Provides time-tracking software to address complex strategic, operational, and regulatory requirements Provides time-tracking software to address complex strategic, operational, and regulatory require...

7 weeks ago - GlobeNewsWire

Volaris Reports Financial Results for the Fourth Quarter 2023: Net Income of USD $112 million

MEXICO CITY, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...

7 weeks ago - GlobeNewsWire

Volaris Reports January 2024 Traffic Results: 88% Load Factor

MEXICO CITY, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...

2 months ago - GlobeNewsWire

Volaris Group Acquires Avencall

TORONTO, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Volaris Group (Volaris) today announced the acquisition of AVENCALL, a France-based (Lyon) provider of software solutions that supports Call Centers & Public...

3 months ago - GlobeNewsWire

Volaris Group Acquires Intellior

TORONTO, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Today, Volaris Group announced the acquisition of Intellior AG. Based in Stuttgart (Germany), Intellior is a leading provider of Business Process Management ...

3 months ago - GlobeNewsWire

Volaris First Quarter and Full Year 2024 Guidance

MEXICO CITY, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...

3 months ago - GlobeNewsWire

Volaris Reports December 2023 Traffic Results: 85% Load Factor

MEXICO CITY, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) servi...

3 months ago - GlobeNewsWire

Volaris Group Acquires Delacon

TORONTO, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Volaris Group Inc. (“Volaris”) has acquired Delacon, a leading provider of Call Tracking, Call Management and Speech Analytics solutions. Delacon works with ...

4 months ago - GlobeNewsWire

Volaris Reports November 2023 Traffic Results: 90% Load Factor

MEXICO CITY, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) servi...

4 months ago - GlobeNewsWire

Mexican airline Volaris reaches accord with P&W on GTF motor inspections

Mexican airline Volaris said on Tuesday it had reached an agreement with Pratt & Whitney on compensation for each GTF motor pulled from its fleet for inspections.

4 months ago - Reuters

Volaris Reports October 2023 Traffic Results: 2% YoY Demand Growth with an 89% Load Factor

MEXICO CITY, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...

5 months ago - GlobeNewsWire

Mexican carrier Volaris sees Pratt & Whitney inspection agreement in next month

Mexican airline Volaris expects to reach an agreement with engine maker Pratt & Whitney in the next month on an initial round of mandatory motor inspections, the company's chief executive said on Wedn...

6 months ago - Reuters

Volaris Reports Financial Results for the Third Quarter 2023

MEXICO CITY, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “The Company”), the ultra-low-cost airline serving Mexi...

6 months ago - GlobeNewsWire

Volaris Reports September 2023 Traffic Results: 3% YoY Demand Growth with an 84% Load Factor; Updating Full-Year 2023 Guidance

MEXICO CITY, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...

6 months ago - GlobeNewsWire

Volaris Group Acquires Squirrels LLC

TORONTO and NORTH CANTON, Ohio, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Volaris Group (Volaris) today announced the acquisition of Squirrels LLC, a world leader in wireless audio and video transmission soft...

7 months ago - GlobeNewsWire

Volaris successfully completes Ps. $1.5 billion Asset-Backed Trust Notes Offering

MEXICO CITY, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serv...

7 months ago - GlobeNewsWire

Volaris Reports August 2023 Traffic Results: 14% YoY Demand Growth with an 87% Load Factor

MEXICO CITY, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serv...

8 months ago - GlobeNewsWire

Volaris Acquires RAF Software Technologies

Provider of postal and parcel technology acquired from Matthews International Provider of postal and parcel technology acquired from Matthews International

8 months ago - GlobeNewsWire

Volaris announces the release of the Integrated Annual Report 2022

MEXICO CITY, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V.

9 months ago - GlobeNewsWire

Volaris Reports July 2023 Traffic Results: 10% YoY Demand Growth with an 88% Load Factor

MEXICO CITY, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...

9 months ago - GlobeNewsWire

Volaris Reports Financial Results for the Second Quarter 2023

MEXICO CITY, July 24, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “The Company”), the ultra-low-cost airline serving Mexi...

9 months ago - GlobeNewsWire

Volaris Reports June 2023 Traffic Results: 15% YoY Demand Growth with an 83% Load Factor

MEXICO CITY , July 7, 2023 /PRNewswire/ -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) serving M...

10 months ago - PRNewsWire