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Volaris Provides Q3 Guidance: Expects ASM (YoY) Of About -14%, TRASM Of ~$9.3 Cents, CASM Excluding Fuel Of ~$5.6 Cents, And An EBITDAR Margin Of ~33%

Benzinga ·  Jul 23 13:59

2024 Guidance

For the third quarter of 2024, the Company expects:

3Q'24 3Q'23 (1)
3Q'24 Guidance
ASM growth (YoY) ~ -14% +8.2%
TRASM ~$9.3 cents $8.37 cents
CASM ex fuel ~$5.6 cents $4.91 cents
EBITDAR margin ~33% 24.4%
Average USD/MXN rate Ps.18.40 to 18.60 Ps.17.06
Average U.S. Gulf Coast jet fuel price $2.60 to $2.70 $2.77

(1) For convenience purposes, actual reported figures for 3Q'23 are included.

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