Airline

Volaris records 29% revenue increase but $71m loss

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Volaris records 29% revenue increase but $71m loss

Volaris' revenues for the first quarter of 2023 hit $731 million, a 29% increase on the 2022 period, with revenue per available seat mile (TRASM) up 9.5% to $7.71 cents and available seat miles (ASM) up  18%. The budget  carrier reported operating expenses of $762 million, which came to 104% of re...

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