Volaris Posts Q2 Loss - Quick Facts

By RTT News, 
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(RTTNews.com) - Volaris ( VLRS ) reported a second-quarter net loss of 75 million Mexican pesos, compared to profit of 173 million pesos, a year ago. Loss per share was 0.07 pesos, compared to profit of 0.22 pesos. Loss per ADS was 0.74 pesos, compared to profit of 2.15 pesos, previous year.

Total operating revenues were 3.31 billion pesos, compared to 3.03 billion pesos, prior year. The company said operating revenues increased 9%, due to a seasonally stronger second quarter and non-ticket revenue growth. Volaris traffic (measured in terms of revenue passenger miles or RPMs) increased 14% in the second quarter 2014 year over year.

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This article appears in: Earnings

Referenced Stocks: VLRS

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