Volaris expects EBITDAR margin 36% (Prior 32% to 34%), ASM growth (YoY) 13% (prior 14%) and CAPEX of $400 million.
Portfolio Pulse from Benzinga Newsdesk
Controladora Vuela (NYSE:VLRS) has updated its financial expectations, projecting an EBITDAR margin of 36%, up from the previous 32% to 34%. The company anticipates a 13% year-over-year growth in Available Seat Miles (ASM), slightly down from the prior 14% estimate, and plans a capital expenditure of $400 million.
October 22, 2024 | 10:05 pm
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Controladora Vuela (NYSE:VLRS) has increased its EBITDAR margin forecast to 36%, indicating improved profitability. However, ASM growth is slightly reduced to 13%, and the company plans a significant CAPEX of $400 million.
The increase in EBITDAR margin forecast suggests improved profitability, which is positive for the stock. The slight reduction in ASM growth is a minor negative but is offset by the higher margin. The planned CAPEX indicates investment in growth, which is generally positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100