Volaris announces minimum increases in its base fares for domestic and international flights due to the rise in oil prices

May 14, 2018
  • The airline seeks to compensate the effect of the surge in fuel costs through an increase in its base fares

Mexico City, Mexico, May 14, 2018 - Volaris (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost Mexican airline operating in Mexico, the United States and Central America, responds to the rise in oil prices with an increase in their base fares of 50 pesos on domestic routes, and 5 dollars on its international routes, starting on Thursday, May 17, 2018.

"With the aim of consolidating our ultra-low-cost model in the face of the abrupt rise in oil prices and, therefore, the jet fuel that represents approximately 30% of our costs, we are forced to increase our base fares in a minimal way to guarantee that our costs are stabilized, "said Enrique Beltranena, Executive President and CEO of Volaris.

Volaris maintains its commitment to offer the lowest fares with prices that make you fly, and the best service in its operations, amounting to 308 daily flights in 165 routes, 92 domestic and 73 international.

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