Volaris should make money in December, be profitable in Q2, CEO says

Mexican low-cost airline Volaris should make money in December and will be profitable in the second quarter of 2021, by which time it is likely to be operating at or around 100% capacity, the company’s CE said Wednesday. Volaris President and CEO, Enrique Beltranena, said he expected the company to be “EBIT positive” in December. But he did not want to predict whether it would make a profit in the final quarter. Beltranena noted that the first quarter of the year was always the company’s toughest in the cyclical business, but that Volaris would be profitable in the second quarter of 2021. <br/>