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MEXICO CITY, Feb 26 (Reuters) - Shares in Mexican low-cost airline Volaris fell more than 10 percent on Wednesday, the day after it published weak fourth-quarter results, before paring losses.
The airline, which debuted on Mexico's stock exchange in September, reported a net loss on Tuesday of 97.1 million pesos ($7.3 million) for the three months to end-December, with revenue falling 1.1 percent.
Volaris Chief Executive Officer Enrique Beltranena blamed slower economic growth for weak passenger demand.
Shares in the firm fell 10.7 percent, before settling down around 8 percent at 13.86 pesos at 12 p.m. EST (1700 GMT).
$1 = 13.2943 pesos Reporting by Veronica Gomez; Editing by Jonathan Oatis