Mexico’s Grupo Viva Aerobus posts US$37m net profit for 2016
Grupo Viva Aerobus posted a 2016 net profit of MXP765.8m (US$37m), a 69.2% increase over the company’s MXP452.7m 2015 net income. The airline’s 2016 net income margin was 12.3%, up 2 points from 2015. Viva Aerobus’ full-year operating revenue in 2016 totaled MXP6.2b, up 41.4% over MXP4.4b in 2015. Operating expenses increased 43% year-over-year to MXP5.5b. The LCC’s operating income for the year was MXP668.2m, up 29.2% from 2015. Passenger traffic at Viva Aerobus increased 43.4% in 2016 to 6.5b RPKs; capacity increased 38.1% to 7.6b ASKs. Total load factor for the year was 85.1%, up 3.2 points from 2015. The airline ordered 52 A320 family aircraft in 2013—40 A320neos and 12 A320ceos—and said it expects to receive another 30 new aircraft in the next 4 years. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-02-24/unaligned/mexico2019s-grupo-viva-aerobus-posts-us-37m-net-profit-for-2016
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Mexico’s Grupo Viva Aerobus posts US$37m net profit for 2016
Grupo Viva Aerobus posted a 2016 net profit of MXP765.8m (US$37m), a 69.2% increase over the company’s MXP452.7m 2015 net income. The airline’s 2016 net income margin was 12.3%, up 2 points from 2015. Viva Aerobus’ full-year operating revenue in 2016 totaled MXP6.2b, up 41.4% over MXP4.4b in 2015. Operating expenses increased 43% year-over-year to MXP5.5b. The LCC’s operating income for the year was MXP668.2m, up 29.2% from 2015. Passenger traffic at Viva Aerobus increased 43.4% in 2016 to 6.5b RPKs; capacity increased 38.1% to 7.6b ASKs. Total load factor for the year was 85.1%, up 3.2 points from 2015. The airline ordered 52 A320 family aircraft in 2013—40 A320neos and 12 A320ceos—and said it expects to receive another 30 new aircraft in the next 4 years. <br/>
