Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Total Aircraft in Service # : 0.00 (As of . 20)

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What is Controladora Vuela Compania de AviacionB de CV Total Aircraft in Service #?

Total Aircraft in Service # is an indicator which measures the capacity of airlines.

The historical rank and industry rank for Controladora Vuela Compania de AviacionB de CV's Total Aircraft in Service # or its related term are showing as below:

Controladora Vuela Compania de AviacionB de CV Total Aircraft in Service # Historical Data

The historical data trend for Controladora Vuela Compania de AviacionB de CV's Total Aircraft in Service # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Controladora Vuela Compania de AviacionB de CV Total Aircraft in Service # Chart

Controladora Vuela Compania de AviacionB de CV (OTCPK:CTTRF) Total Aircraft in Service # Explanation

Total Aircraft in Service # might be directly purchased or leased by the airline. Instead of spending large amounts of money on buying aircrafts, some airlines opt to lease aircrafts from an aircraft lessor. For example, lessors purchase planes from manufacturers like Airbus and Boeing and lease them to airlines for a monthly rental over a fixed period.

There are two main reasons for airlines to lease instead of buy: to operate aircraft without the financial burden of buying them, and to provide a temporary increase in capacity. The airline industry has two main leasing types: wet-leasing, also known as short-term lease, and dry-leasing, which is more normal for longer-term leases.

Controladora Vuela Compania de AviacionB de CV Total Aircraft in Service # Related Terms

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Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Controladora Vuela Compania de Aviacion SAB de CV (OTCPK:CTTRF) » Definitions » Total Aircraft in Service #

Comparable Companies

Traded in Other Exchanges

VLRS:USA VOLARA:Mexico 2CDA:Germany

Address

Av. Antonio Dovali Jaime Number 70, 13th Floor, Tower B, Colonia Zedec Santa Fe, Mexico, DF, MEX, 01210

Website

https://www.volaris.com

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.