Volaris (VLRS) Tops Q4 EPS by 5c
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Volaris Reports Record 38% Adjusted EBITDAR Margin for the Full Year 2016
February 17, 2017 6:45 AM ESTMEXICO CITY--(BUSINESS WIRE)-- Volaris* (NYSE:VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, today announced its financial results for the fourth quarter and full year 2016.
The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS).
Fourth Quarter and Full Year 2016 Highlights
Total operating revenues reached Ps.6,469 million and Ps.23,512 million for the fourth quarter and full year, representing increases of 27.0% and 29.3% year over year, respectively.... More