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Controladora Vuela Compania de Aviacion SAB de CV (DE:2CDA)
FRANKFURT:2CDA
Germany Market

Controladora Vuela Compania de Aviacion SAB de CV (2CDA) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Apr 28, 2026
Before Open (Confirmed)
Period Ending
2026 (Q1)
Consensus EPS Forecast
-0.31
Last Year’s EPS
-0.37
Same Quarter Last Year
Based on 6 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Feb 24, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call presented a mixed but cautiously constructive view: Volaris delivered strong quarter-level revenue recovery, robust ancillary performance, healthy liquidity and clear 2026 guidance while outlining a concrete plan to reduce aircraft-on-ground levels and restore fleet productivity. However, full-year results show a revenue decline and a sizeable net loss driven primarily by engine-related groundings, elevated maintenance and redelivery costs, and increased near-term CapEx. Management emphasized disciplined capacity management, recovery of AOGs, and structural strengths of the ultra-low-cost model, suggesting improving fundamentals through 2026 once engine availability normalizes.
Company Guidance
Volaris guided to full‑year 2026 ASM growth of about 7%, an EBITDAR margin around 33%, and CapEx (net of finance fleet predelivery payments) of roughly $350 million, assuming an average FX rate of MXN 17.7/USD and Gulf Coast jet fuel of $2.10–2.20/gal; roughly two‑thirds of 2026 capacity growth will be allocated to cross‑border markets (international capacity ≈42% of total). Management expects AOGs to improve to ~25 at year‑end (full‑year average ≈33 AOGs, implying three more aircraft back in service vs. 2025), net debt/EBITDAR to deleverage from 3.1x to ~2.6x by year‑end, and to maintain liquidity above its 20% target (Q4 liquidity was $774M, 25.5% of LTM revenues). For Q1 2026 they guided ASM ≈3% y/y, TRASM ≈ $0.085, CASM ex fuel ≈ $0.06 (FX at MXN 17.5/USD adds ~ $0.004 to CASM ex), EBITDAR margin ≈25%, and jet fuel ≈ $2.20/gal, while flagging ~ $0.22 of nonrecurring unit cost impact in the quarter related to accelerated engine inductions and one‑time merger expenses and plans to induct roughly twice as many engines in 2026 versus 2025.
Quarterly Revenue Growth
Total operating revenues for Q4 2025 were $882 million, up 5.6% year-over-year, driven by TRASM recovery in the back half of the year.
Strong Q4 Profitability and Margins
Q4 EBITDAR was $328 million with a 37.2% margin; Q4 EBIT was $100 million (11.3% margin) and net profit for the quarter was $4 million (EPS $0.04).
Robust Ancillary Revenue Performance
Ancillary revenues comprised 56% of total operating revenues; ancillary revenue per passenger increased ~6% versus 2024, supporting revenue quality and the ultra-low-cost model.
Liquidity and Conservative Cash Position
Total liquidity at quarter end was $774 million, representing 25.5% of last-12-months revenues, above the company target of at least 20%.
Cost Discipline and CASM ex-Fuel in Line with Plan
Full year CASM ex fuel was reported at $0.0558 (in line with plan). Q4 CASM was $0.0829 (up 3.2% YoY) and Q4 CASM ex fuel was ~$0.0576, up ~1.4% YoY — reflecting continued cost control despite headwinds.
Operational and Network Progress
Q4 capacity growth was 5.6%; international load factor improved to 79% (from 77.5% earlier) and domestic load factor reached 89.8%, showing demand resilience and disciplined supply management.
Clear 2026 Growth and Margin Guidance
Full-year 2026 guidance: ASM growth of ~7%, EBITDAR margin around 33%, and CapEx net of predelivery payments of approximately $350 million; Q1 2026 guidance includes ASM +3%, TRASM ~$0.085, CASM ex fuel ~$0.06 and Q1 EBITDAR margin ~25%.
Fleet Productivity Strategy and AOG Recovery Plan
Fleet of 155 aircraft (average age 6.6 years; 66% new models). Management expects a steady reduction in AOGs (averaged 36 in Q4, peaked 41 in January) to ~25 by year-end 2026 and expects to induct roughly twice as many engines into MROs in 2026 to accelerate returns to service.
Commercial Enhancements and Partnerships
New product (Premium+) ramping successfully since October; loyalty program 'altitude' reached ~800,000 enrollments in 7 months; codeshare revenues increased >30% in 2025; 33 new routes announced for summer expansion.

Controladora Vuela Compania de Aviacion SAB de CV (DE:2CDA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

DE:2CDA Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Apr 28, 2026
2026 (Q1)
-0.31 / -
-0.372
Feb 24, 2026
2025 (Q4)
0.17 / 0.03
0.33-89.74% (-0.30)
Oct 27, 2025
2025 (Q3)
-0.07 / 0.04
0.271-84.38% (-0.23)
Jul 21, 2025
2025 (Q2)
-0.61 / -0.46
0.076-700.00% (-0.53)
Apr 28, 2025
2025 (Q1)
-0.24 / -0.37
0.245-251.72% (-0.62)
Feb 24, 2025
2024 (Q4)
0.45 / 0.33
0.812-59.38% (-0.48)
Oct 22, 2024
2024 (Q3)
0.16 / 0.27
-0.279196.97% (+0.55)
Jul 22, 2024
2024 (Q2)
0.06 / 0.08
0.04280.00% (+0.03)
Apr 23, 2024
2024 (Q1)
-0.08 / 0.25
-0.516147.54% (+0.76)
Feb 26, 2024
2023 (Q4)
0.34 / 0.81
0.131519.35% (+0.68)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

DE:2CDA Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 24, 2026
€7.80€7.40-5.13%
Oct 27, 2025
€5.85€6.20+5.98%
Jul 21, 2025
€3.74€3.70-1.07%
Apr 28, 2025
€4.10€3.96-3.41%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Controladora Vuela Compania de Aviacion SAB de CV (DE:2CDA) report earnings?
Controladora Vuela Compania de Aviacion SAB de CV (DE:2CDA) is schdueled to report earning on Apr 28, 2026, Before Open (Confirmed).
    What is Controladora Vuela Compania de Aviacion SAB de CV (DE:2CDA) earnings time?
    Controladora Vuela Compania de Aviacion SAB de CV (DE:2CDA) earnings time is at Apr 28, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
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        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is the P/E ratio of Controladora Vuela Compania de Aviacion SAB de CV stock?
          What is DE:2CDA EPS forecast?
          DE:2CDA EPS forecast for the fiscal quarter 2026 (Q1) is -0.31.