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Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) Unpaid Loss & Loss Reserve


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Unpaid Loss & Loss Reserve only applies to insurance companies.


Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) Business Description

Controladora Vuela Compania de AviacionB de CV logo
Traded in Other Exchanges
Address
Av. Antonio Dovali Jaime Number 70, 13th Floor, Tower B, Colonia Zedec Santa Fe, Mexico, DF, MEX, 01210
Controladora Vuela Compania de Aviacion SAB de CV is a low-cost airline flying to Mexico, the United States, Central and South America. It currently operates up to 500 average daily flight segments on routes that connect 44 cities in Mexico as well as 22 cities in the United States, four in Central America and two in South America. It uses promotional fares to stimulate demand and the base fares are priced to compete with long-distance bus fares in Mexico. Revenues from the air transportation of passengers are recognized earlier when the service is provided or when the non-refundable ticket expires at the date of the scheduled travel. Non-passenger revenues include revenues generated from other non-passenger revenues and cargo services.