Mexican ultra-low-cost airline Volaris (NYSE: VLRS) (BMV: VOLAR) has announced that the spread of the COVID-19 (Coronavirus) has reduced the demand for global air transportation, the company said.
In response, Volaris will decrease capacity as measured by available seat miles (ASMs) for the rest of the month of March and the month of April, 2020 by approximately 50% of total operation versus the originally published schedule.
Volaris will also undertake several actions to reduce costs and maintain liquidity during this period of reduced demand and the resulting adjustments to network capacity. In addition, Volaris has implemented safety and hygiene protocols to protect the well-being of its passengers, crew and ground personnel.
Volaris serves Mexico, the United States and Central America, offering low base fares to build its market, providing quality service and customer choice. Volaris offers more than 400 daily flight segments on routes that connect 40 cities in Mexico and 25 cities in the United States and Central America with one of the youngest fleet in The Americas.
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