Volaris Reported June 2024 Traffic Results: 86% Load Factor

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reported its June 2024 preliminary traffic results.

In June 2024, Volaris’ ASM capacity decreased by 13.7% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings. Load factor in the month increased by 2.2 pp YoY to 85.6%, as RPMs only decreased by 11.4%. Mexican domestic RPMs decreased by 16.2%, while international RPMs decreased by 1.8%. Volaris transported 2.4 million passengers during the month.

Enrique Beltranena, Volaris’ President and CEO said: “Our fleet mitigation plan is on track and yielding positive results. As part of this plan, we reduced capacity in the Mexican domestic market and reallocated it to the international market, resulting in an overall capacity reduction of around 14% in June. Demand in the domestic market remains strong, and our capacity in the international market continues to mature with a well-balanced market mix aimed at maximizing profitability. Looking ahead, our booking trends for the summer high season are showing robust performance, in line with our expectations in both markets”.