Saturday, November 9, 2024 Controladora Vuela Compañía de Aviación, S.A.B.
de C.V., known as Volaris, a prominent ultra-low-cost carrier (ULCC) serving regions across Mexico, the United States, Central, and South America, has released its preliminary traffic results for October 2024.
In October, Volaris experienced a 6.8% year-over-year decrease in Available Seat Miles (ASM) capacity, primarily due to ongoing Pratt & Whitney engine inspections. This decline was mitigated by the reduced need for aircraft groundings, as an initial set of inspected engines has re-entered service.
Volaris carried 2.5 million passengers for the month, achieving a load factor of 87.4%, which represents a 2.
1 percentage point drop compared to the previous year. Revenue Passenger Miles (RPMs) also saw a 9.0% decrease, with a 14.
4% decline in domestic Mexican RPMs while international RPMs rose by 1.5%. It is important to consider that Volaris’ 2023 figures were similarly affected by accelerated engine inspections, which temporarily reduced operational capacity.
As more engines and aircraft return, Volaris is gradually expanding its capacity to meet demand. Enrique Beltranena, Volaris’ President and CEO , said: “In line with the main message from our earnings call – sustained profitability driven by prudent capacity recovery and aggressive cost management – October figures are tracking well, showing strong demand across our markets, with consistently high load factors. Looking ahead, bo.
