Volaris reports Q2 results

Mexican ultra-low-cost carrier (ULCC) Volaris has reporting a net loss of MXP75 million ($6 million), reduced from the airline’s Q1 net loss of MXP370 million. The Q2 net loss, however, is a reversal from the MXP173 million net profit Volaris posted during Q2 2013. Volaris reported its non-ticket revenues (excluding cargo) per-passenger increased 46.4% year-on-year during Q2 to MXP252 million, up from MXP172 million in Q2 2013. In a statement, the airline said: “Our non-ticket revenues strategy continued to unfold during Q2 2014, as the new baggage policy and the retail onboard program was rolled out and the entire ancillary suite expanded