Volaris squeezes out $33m first-quarter profit despite capacity cut due to GTF groundings

Volaris Airbus A320neo (2016)

Source: Airbus

Mexican ultra-low-cost carrier Volaris has disclosed a first-quarter profit of $33 million – its first since 2019 – as the company kept a sharp eye on costs and despite the hit to capacity caused by the enforced grounding of Pratt & Whitney geared turbofan (GTF)-powered aircraft.

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