Volaris reports 23% increase in Q4 revenue

Mexican low-cost carrier Volaris saw a 23% increase in  2019 Q4 earnings, compared to the same period the previous year, with ancillary takings rising even higher to 25.8%.The airline also reporting lower operating costs of 5.3%, with lower fuel costs a major driver of this reduction. Added together this saw Volaris’s operating margins for Q4 almost double to 20.2%, from 10.4% for the final period of 2018.The carrier’s figures were boosted by a 4% appreciation of the Mexican peso against the dollar, compared to Q3. with respect to the exchange rate at the close of the previous quarter.In a statement accompanying