Volaris (ADR) (VLRS)
Connects Mexico and the Americas with point-to-point, unbundled ultra-low-cost air travel.
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Provides point-to-point passenger, cargo and mail transport across Mexico and the Americas. Its unbundled fares, v.club memberships and Volaris INVEX co-branded card complement an ultra-low-cost model built on an all-Airbus operating platform.
Operates point-to-point scheduled passenger services across Mexico, the United States, Central America and South America, alongside cargo and mail transport through its airline subsidiary. Its unbundled Tú Decides fares are complemented by v.club memberships and the Volaris INVEX co-branded card.
An all-Airbus operating platform supports the ultra-low-cost model and its point-to-point network. Keeping costs low sits alongside safety and customer service as stated operating pillars.
A collective bargaining agreement covers most of the workforce, making labor terms a continuing operating dependency. The model depends on maintaining low costs across its all-Airbus platform and unbundled fare structure.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 23, 2026 | BTG Pactual | Target | Target: — | Target: $9 |
| Aug 11, 2026 | Goldman Sachs | Reiterate | Rating: —Target: $11.70 | Target: $7.70 |
| Aug 5, 2026 | UBS | Reiterate | Rating: —Target: — | Target: $11 |
| Jun 18, 2026 | Jefferies | Target | Target: — | Target: $10 |
| Jun 14, 2026 | Banco Santander | Target | Target: — | Target: $8.90 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $817.1M · Total debt $3.86B · Total assets $5.86B · Shareholders' equity $68.0M
- Revenue
- $859.0M
- Operating income
- −$99.0M
- Net income
- −$127.0M
No dividends on record.
| Institutions | ≥ 35.19% | 40.46M ADS | |
|---|---|---|---|
| 81 holders · as of Jun 30, 2026 | |||
| Insiders | 10.10% | 11.61M ADS | |
| 20 holders · as of Aug 27, 2026 | |||
| Strategic holders | 8.70% | 10.01M ADS | |
| 1 holder · as of Feb 23, 2022 | |||
| Other | ≤ 46.01% | 52.88M ADS | |
| remainder | |||
114.95M ADS (1 ADS = 10 ordinary shares) as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
Institutional filings for VOLARA, VOLARA (1,000% of the company) are not on file here, so the institutional figure is a floor.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Indigo Partners LLCInstitution | 18.49% | 21.26M A ADS | as of Jun 30, 2026 |
Blue Sky Investments S.à r.l.Strategic | 8.70% | 10.01M | filed Feb 23, 2022 |
Harry F. Krensky1Insiderdirector | 7.19% | 82.63M A ordinary | filed Dec 31, 2016 |
Wellington Management Group LLPInstitution | 4.02% | 4.62M A ADS | as of Jun 30, 2026 |
Thomist Capital Management, LPInstitution | 1.53% | 1.75M A ADS | as of Jun 30, 2026 |
- Harry F. Krensky's transaction reports restate only vehicles that traded; the 2017 ownership statement (8.26M) is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 28, 2026 | William Dean Donovan | director | −50,000 | $7.67 |
| May 27, 2026 | William Dean Donovan | director | −50,000 | $7.54 |
| May 12, 2026 | William Dean Donovan | director | −50,000 | $7.33 |
- Grupo Aeroméxico (ADR)
Mexico domestic and Mexico–U.S. network coverage
- United Airlines
Mexico–U.S. service and hub-based network connectivity
- American Airlines Group
Mexico–U.S. service and U.S. hub-network alternatives
- Delta Air Lines
Mexico–U.S. service with Mexico City connectivity
- Alaska Air Group
Mexico–U.S. service within a North American network
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Volaris (ADR) | $6.89 | +0.36% | $788.6M | — | — | 0.2 | +2,210.2% |
| Grupo Aeroméxico (ADR) | $16.27 | +2.01% | $2.33B | 11.0 | 9.1 | 0.4 | — |
| United Airlines | $115.19 | +0.70% | $37.13B | 10.7 | 9.2 | 0.6 | +16.0% |
| American Airlines Group | $13.59 | +0.15% | $8.98B | — | 13.0 | 0.2 | +16.3% |
| Delta Air Lines | $83.27 | +0.93% | $54.25B | 13.7 | 10.8 | 0.8 | +18.7% |
| Alaska Air Group | $41.97 | +0.16% | $4.67B | — | 43.3 | 0.3 | +9.8% |
| Median | 11.0 | 10.8 | 0.4 | +16.1% |