Controladora Vuela: Q4 Financial Results Overview

Volaris Reports $4 Million Profit in Q4

Based in Santa Fe, Mexico, Controladora Vuela Compania de Aviacion SAB. de CV (VLRS) announced a net profit of $4 million for the fourth quarter.

The company’s earnings for the quarter amounted to 4 cents per share.

Volaris, a budget airline, generated $882 million in revenue during this period.

Looking at the full year, the company recorded a net loss of $104 million, or 90 cents per share, with total annual revenue reaching $3.04 billion.