Brief: Mexican Airline Volaris Slims 2023 Guidance, Flags Mitigation Plan

Controladora Vuela Compania de Aviacion SAB de CV

25/10/2023 24:39

Oct 24 (Reuters) - Controladora Vuela Compania de
Aviacion SAB de CV  VOLARA.MX :
    * MEXICAN AIRLINE VOLARIS NARROWS 2023 GUIDANCE, SEES ASM
GROWTH
AT AROUND 10% VERSUS 13% PREVIOUSLY
    * VOLARIS SEES 2023 EBITDAR MARGIN AT AROUND 26% VERSUS
29%-31%
PREVIOUSLY
    * VOLARIS SEES 2023 NET DEBT-EBITDAR RATIO AT AROUND 3.5X
VERSUS
AROUND 2.8X PREVIOUSLY
    * VOLARIS HAS DEVELOPED MITIGATION PLAN TO PARTIALLY OFFSET
IMPACT
OF PRATT & WHITNEY MOTOR INSPECTIONS - CEO

Source text: https://bitly.ws/YqYd
Further company coverage:  VOLARA.MX 

 (Mexico City Newsroom)