Viva Aerobus: Solid Results in Slowest Seasonal Quarter & Challenging Environment
Source: Viva Aerobus Grupo Viva Aerobus, S.A. de C.V. ("Viva Aerobus" or “Viva”), the parent company of Aeroenlaces Nacionales S.A. de C.V., announced today its 1Q 2024 financial results. Juan Carlos Zuazua, Chief Executive Officer, commented:“I’m very proud of our team’s dedication to overcoming numerous challenges while putting our customers and Gente Viva first. Our commitment to protecting the business and maintaining disciplined management drives our daily decisions. Our solid 1Q is a testament to our prudent management and reflects the resilience and flexibility of our ULCC business model in a consolidated and underpenetrated Mexican aviation market. We remain cautious given the challenges stemming from the P&W engine recalls, which continue to impact the global industry and our operations. Although [...]