Volaris Provides Q2 Guidance: Expects ASM (YoY) Of About -18%, TRASM Of $9.1-$9.2 Cents, CASM Excluding Fuel Of $5.5-$5.6 Cents, And An EBITDAR Margin Of 31%-33%
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Volaris anticipates a decrease in ASM (Available Seat Miles) by approximately 18% year-over-year for Q2 2024, with TRASM (Total Revenue per Available Seat Mile) expected to be between $9.1 and $9.2 cents, and CASM (Cost per Available Seat Mile) excluding fuel projected to be between $5.5 and $5.6 cents. The airline also forecasts an EBITDAR (Earnings Before Interest, Taxes, Depreciation, Amortization, and Restructuring or Rent Costs) margin of 31% to 33%, indicating a positive outlook compared to the previous year.
April 23, 2024 | 6:32 am
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Volaris projects a significant year-over-year decrease in ASM but expects improvements in TRASM, CASM excluding fuel, and EBITDAR margin for Q2 2024.
The guidance provided by Volaris indicates a strategic adjustment to operational efficiency and cost management, leading to an improved EBITDAR margin despite a decrease in ASM. This suggests a positive outlook for the company's financial health and operational performance, potentially leading to a positive investor sentiment in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100