This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Volaris CEO Enrique Beltranena, Along With Members Of The Company's Shareholders And Management Team, Rings The NYSE Opening Bell To Celebrate The Company's IPO And First Day Of Trading On The NYSE. (Source: NYSE Euronext Photo)

Mexico’s Volaris, an ultra-low-cost airline, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “VLRS” after an initial public offering of ADRs. GETCO is the Designated Market Maker (DMM) for the company’s stock.
Volaris CEO Enrique Beltranena in the center of the trading crowd as Volaris' stock opens on the NYS ...

Volaris CEO Enrique Beltranena in the center of the trading crowd as Volaris' stock opens on the NYSE. (Source: NYSE Euronext photo)

Volaris CEO Enrique Beltranena, joined by members of the Company’s shareholders and management team, celebrated the company’s first day of trading by ringing The Opening Bell® and visiting the NYSE trading floor to witness the stock opening.

"We’re delighted to welcome Volaris to the NYSE,” said Scott Cutler, Executive Vice President, Head of Global Listings, NYSE Euronext. “Volaris is one of the largest airlines in Mexico and an excellent addition to the NYSE’s community of leading global companies. We congratulate Volaris on its IPO and look forward to a lasting partnership with the company and its shareholders.”

“The initial public offering of Volaris marks another significant milestone for this structurally unique airline,” said Enrique Beltranena, Chief Executive Officer of Volaris. “Our revenue strategy is based on incentivizing demand by offering low fares and a diversified set of optional products and services for our clients. And by maximizing the utilization of our assets and with labor contracts that include productivity and other variables, we have been able to achieve the lowest unit cost position of any publicly traded airline in Latin America. We are thankful for the support of our very well chosen bank syndicate and the NYSE which together with our shareholders have supported the company to achieve a successful public offering.”

Volaris is the first Mexican company to list its IPO on the NYSE in 2013, and the second to list from the Latin American region so far this year. NYSE is the leading destination for Latin American companies listing outside their home market. The NYSE currently lists 78 companies from Latin America, with a combined market valuation of approximately $1.2 trillion.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs