Airline stocks are rallying on optimism about the coming global rollout of COVID-19 vaccines. However, one airline is uniquely well positioned to profit as demand recovers.
News & Analysis: Controladora Vuela Compañia de Aviación
With capacity and passenger traffic quickly normalizing and cash flow already approaching breakeven, Mexico's largest airline looks set to soar over the next several years.
Two of the top three airlines in Mexico are facing severe financial distress due to the COVID-19 pandemic -- leaving a big opportunity for their largest competitor.
The region is reopening, for better or for worse.
Profitability continues to rebound rapidly from a two-year slump at Mexico's largest domestic airline.
VLRS earnings call for the period ending September 30, 2019.
The Mexican ultra-low cost airline is benefiting from strong demand, falling unit costs, and its main rivals' financial woes.
The Mexican budget airline is benefiting from strong demand and its industry-leading cost structure.
VLRS earnings call for the period ending June 30, 2019.
The Mexican ultra-low-cost carrier is back on track after a few challenging years.