Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.B. DE C.V.

(VOLAR A)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Controladora Vuela Compañía de Aviación B de C : Volaris announces the substitution of its external auditor (Form 6-K)

07/20/2021 | 05:32pm EDT

Volaris announces the substitution of its external auditor

Mexico City, Mexico, July 20, 2021 - Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ('Volaris' or the 'Company') (NYSE: VLRS and BMV: VOLAR), an ultra-low-cost airline serving Mexico, the United States of America and Central America, informs that the Board of Directors of the Company, considering best corporate practices stated in the Mexican 'Code of Corporate Governance Principles and Best Practices' and the recommendation of the Audit and Corporate Governance Committee, approved the hiring of KPMG Cárdenas Dosal, S.C. ('KPMG'), as its independent external auditor. Accordingly, KPMG will begin with the review of the Company's financial statements as of the third quarter of 2021, replacing Mancera, S.C. ('EY').

EY had been external auditor of Volaris for fifteen years, providing services in a professional manner, for which the Board of Directors and the Company's management express their appreciation to the firm for the services provided during the aforementioned period.

EY and Volaris will maintain their business relationship for other services than the audit of the Company's financial statements.

The information included in this report has not been audited and it does not provide information on the Company´s future performance. Volaris´ future performance depends on many factors and it cannot be interred that any period´s performance or its comparison year over year will be an indicator of a similar performance in the future.

About Volaris:

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ('Volaris' or the 'Company') is an ultra-low-cost carrier (ULCC), with point-to-point operations, serving Mexico, the United States and Central America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since beginning operations in March 2006, Volaris has increased its routes from five to more than 180 and its fleet from four to 93 aircraft. Volaris offers more than 450 daily flight segments on routes that connect 43 cities in Mexico and 28 cities in the United States with one of the youngest fleets in The Americas. Volaris targets passengers who are visiting friends and relatives, cost-conscious business and leisure travelers in Mexico and in selected destinations in the United States and Central America. Volaris has received the ESR Award for Social Corporate Responsibility for eleven consecutive years. For more information, please visit: www.volaris.com.

Investor Relations Contact

María Elena Rodríguez / Félix Martínez / Investor Relations / ir@volaris.com / +52 55 5261 6444

Media Contact

Gabriela Fernández / gabriela.fernandez@volaris.com / +52 55 3104 5264

Disclaimer

Controladora Vuela Compañía de Aviación SAB de CV published this content on 20 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2021 21:30:36 UTC.


© Publicnow 2021
All news about CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.B. DE C.V.
09/07CONTROLADORA VUELA COMPAÑÍA DE AVIAC : Volaris' Passenger Traffic Rises in Augus..
MT
09/07CONTROLADORA VUELA COMPAÑÍA DE AVIAC : Press release dated September 7, 2021 (Fo..
PU
09/07Controladora Vuela Compañía de Aviación, S.A.B. de C.V. Announces Traffic Res..
CI
08/31CONTROLADORA VUELA COMPAÑÍA DE AVIAC : Credit Suisse Starts Volaris at Neutral w..
MT
08/26CONTROLADORA VUELA COMPAÑÍA DE AVIAC : Volaris Unit Gets Regulatory Permit as Na..
MT
08/26CONTROLADORA VUELA COMPAÑÍA DE AVIAC : Volaris announces the obtention of the au..
PU
08/25CONTROLADORA VUELA COMPAÑÍA DE AVIAC : Mexican airline Volaris gets OK to operat..
RE
08/25Controladora Vuela Compañía de Aviación, S.A.B. de C.V. Announces Obtention o..
CI
08/09CDB Aviation and Volaris Agree to Sale and Leaseback of Four New A320neo Airc..
CI
08/04CONTROLADORA VUELA COMPAÑÍA DE AVIAC : Volaris Reports Increase in July Traffic ..
MT
More news
Analyst Recommendations on CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.B. DE C.V.
More recommendations
Financials
Sales 2021 41 292 M 2 063 M 2 063 M
Net income 2021 2 623 M 131 M 131 M
Net Debt 2021 42 228 M 2 110 M 2 110 M
P/E ratio 2021 3,66x
Yield 2021 3,99%
Capitalization 50 463 M 2 524 M 2 521 M
EV / Sales 2021 2,24x
EV / Sales 2022 2,07x
Nbr of Employees 5 576
Free-Float 88,0%
Chart CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.B. DE C.V.
Duration : Period :
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.B. DE C.V.
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Last Close Price 43,28 MXN
Average target price 50,95 MXN
Spread / Average Target 17,7%
EPS Revisions
Managers and Directors
Enrique Javier Beltranena Mejicano President, Chief Executive Officer & Director
Jaime E. Pous Chief Financial Officer
Brian H. Franke Chairman
José Luis Suárez Durán Chief Operating Officer & Senior Vice President
Alejandro Alba Molina Compliance Director & Controller