Airline

Viva Aerobus sees 34% revenue jump as losses continue

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Viva Aerobus sees 34% revenue jump as losses continue

Viva Aerobus reported a 34% revenue jump to $347 million in the first quarter of 2023 as passenger numbers hit 5.2.million, a 22% rise. The Mexican airline reported a Q1 EBITDAR margin of 13.1% on earnings of $45 million, which topped pre-pandemic 1Q 2019. The reported Q1 2023 loss of $21 million wa...

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