Core Insights - Volaris Group has acquired Surveypal Oy, a Finnish company specializing in automated survey software, enhancing its capabilities in the Software-as-a-Service (SaaS) market [1][2] - Surveypal Oy serves approximately 600 companies, providing business intelligence metrics both in Finland and internationally [1] - The acquisition aims to expand Volaris Group's expertise in the Nordic region and strengthen its community of leaders [2] Company Overview - Surveypal Oy, founded in 2007, focuses on feedback management solutions with two main products: a Survey Tool for creating surveys and exporting data, and Surveypal CXM for analyzing customer insights [2] - The acquisition will allow Surveypal Oy to operate independently under its CEO, Liisa Sten, while benefiting from Volaris Group's extensive network and resources [3] - Volaris Group, as part of Constellation Software Inc., aims to strengthen and grow vertical market technology companies through organic growth and complementary acquisitions [4]

Core Insights - Volaris (NYSE: VLRS) was identified as deeply undervalued in January 2025, yet its share price has decreased by approximately 50% since then [1]. Company Performance - The share price decline of Volaris is notable, indicating potential challenges in the company's market performance despite previous assessments of undervaluation [1].

Key Insights - Mexican carrier Controladora Vuela Compañía de Aviación (Volaris) reported a year-over-year increase in revenue passenger miles (RPMs) for June 2025 [1] - Volaris experienced a 0.6% year-over-year increase in consolidated capacity, but the load factor decreased by 1.7 percentage points to 83.9% [2][10] - The airline transported 2.4 million passengers in June, reflecting a modest 0.2% increase year-over-year [2][10] Domestic and International Performance - In the domestic market, RPMs and available seat miles (ASMs) decreased by 2% and 1.2% respectively compared to June 2024, with a domestic load factor of 89.2%, down 0.7 percentage points [3] - Internationally, RPMs decreased by 0.4% year-over-year, while ASMs increased by 3.4%, leading to a decrease in the international load factor by 2.9 percentage points to 76.2% [3] Comparison with Other Airlines - Ryanair reported a 3% year-over-year increase in passengers transported, totaling 19.3 million in June 2025, with a stable load factor of 95% [5] - Copa Holdings (CPA) is also highlighted for its strong performance, with a 7% year-over-year increase in ASMs and a 7.5% increase in RPMs for May 2025 [8]

Core Insights - Volaris reported a decrease in RPMs by 1.4% in June 2025 compared to June 2024, with domestic RPMs down 2.0% and international RPMs down 0.4% [2][3] - The load factor for June 2025 decreased by 1.7 percentage points year-over-year to 83.9% [2][3] - The company transported 2.4 million passengers in June 2025, reflecting a slight increase of 0.2% compared to June 2024 [2][3] Capacity and Performance Metrics - ASM capacity increased by 0.6% in June 2025, with domestic ASMs decreasing by 1.2% and international ASMs increasing by 3.4% [2][3] - Year-to-date figures show a 5.1% increase in domestic RPMs and a 3.8% increase in international RPMs compared to the same period in 2024 [2][3] - The total number of passengers transported year-to-date increased by 6.7% compared to the previous year [2][3] Management Commentary - The President and CEO of Volaris indicated that capacity growth aligns with guidance and reflects current passenger demand patterns [3] - The company expressed optimism for sequential improvement in demand as it enters the peak season, preparing for stronger summer traffic [3]

Core Insights - Controladora Vuela Compania de Aviacion, B. de C.V. (Volaris) is facing significant challenges due to adverse currency translation effects, weak liquidity, and increased operating expenses, making it less attractive for investors [1] Financial Performance - In Q1 2025, Volaris reported revenues of $678 million, a decline of 11.7% year-over-year, primarily due to peso depreciation and lower revenue per passenger [4][7] - Total Revenue per Available Seat Mile (TRASM) decreased by 17% year-over-year to 7.76 cents, indicating reduced revenue efficiency [7] - The average base fare fell nearly 29% to $39, contributing to a 17.6% decline in total operating revenue per passenger, which dropped to $91 [8] Operating Expenses and Liquidity - Total operating expenses increased to $688 million in Q1 2025, up from $664 million in the same quarter of the previous year [9] - The company's current ratio stands at 0.74, indicating serious short-term liquidity concerns as it suggests insufficient cash to meet short-term obligations [9] Market Sentiment - The Zacks Consensus Estimate for current-year earnings has seen a significant downward revision, reflecting a lack of confidence from brokers [2] - Volaris's stock has underperformed, with shares dropping 33.5% over the past year, contrasting with an 18.8% rise in the Transportation - Airline industry [3]

TORONTO, June 16, 2025 (GLOBE NEWSWIRE) -- Volaris Group today announced the acquisition of 4Site, a provider of an integrated EAM (Enterprise Asset Management) suite for asset-intensive businesses. 4Site delivers solutions across several industries, including mining, pulp & paper, and energy. The company will join AssetWorks Appraisal – Asset Management. "The acquisition of 4Site marks a significant milestone in the continued growth of AssetWorks' Asset Management Division. 4Site's proven EAM platform, tru ...

Group 1: Volaris Performance - Volaris reported a year-over-year increase in revenue passenger miles (RPMs) for May, indicating growth in air traffic [1] - The company experienced a 9% year-over-year increase in consolidated capacity, measured in available seat miles (ASMs), while the load factor decreased by 4.3 percentage points to 81.8% [2][8] - In May, Volaris transported 2.5 million passengers, reflecting a 4.2% year-over-year increase [2] Group 2: Domestic and International Metrics - Domestic RPMs and ASMs increased by 5.7% and 10.4% respectively compared to May 2024, with a domestic load factor of 86.5%, down 3.8 percentage points year-over-year [3] - In international markets, RPMs decreased by 0.2% year-over-year, while ASMs rose by 6.8%, leading to a decrease in the international load factor by 5.2 percentage points to 74.7% [3][8] Group 3: Industry Context - Other airlines, such as Ryanair, reported positive traffic numbers for May 2025, with Ryanair transporting 18.9 million passengers, a 4% year-over-year increase, and a load factor of 95% [4] - Copa Holdings, another airline in the sector, reported a 10.1% year-over-year increase in RPMs for Q1 2025, with expectations of a 4% increase in passenger revenues for the year [6][7]

Core Insights - Volaris reported a 9.0% year-over-year increase in ASM capacity for May 2025, while RPMs grew by 3.5% [2][3] - The load factor decreased by 4.3 percentage points year-over-year to 81.8%, with 2.5 million passengers transported in May [2][3] Traffic Results - Domestic RPMs increased by 5.7% to 1,553 million, while international RPMs were effectively flat at 889 million [2][3] - Total RPMs for May 2025 reached 2,442 million, up from 2,360 million in May 2024, marking a 3.5% increase [2][3] Capacity Metrics - Domestic ASMs increased by 10.4% to 1,795 million, and international ASMs rose by 6.8% to 1,190 million [2][3] - Total ASMs for May 2025 were 2,985 million, compared to 2,739 million in May 2024, reflecting a 9.0% increase [2][3] Load Factor Analysis - The domestic load factor decreased to 86.5% from 90.4%, while the international load factor fell to 74.7% from 79.9% [2][3] - Overall, the total load factor for May 2025 was 81.8%, down from 86.1% in May 2024 [2][3] Passenger Statistics - Domestic passengers increased by 5.4% to 1,894 thousand, while international passengers rose by 0.8% to 608 thousand [2][3] - Total passengers transported in May 2025 were 2,502 thousand, compared to 2,400 thousand in May 2024, representing a 4.2% increase [2][3] Management Commentary - The CEO of Volaris indicated that capacity growth aligns with adjustments made during the earnings call, focusing on maximizing unit revenue performance [3] - The company remains optimistic about booking trends as it approaches the summer high season [3]

Group 1: Volaris Performance - Volaris reported a year-over-year increase in revenue passenger miles (RPMs) for April, indicating growth in air traffic [1] - The company experienced a 16.9% year-over-year increase in consolidated capacity, measured in available seat miles (ASMs) [2] - The load factor decreased by 3.1 percentage points to 81.6%, as the increase in consolidated traffic (12.7%) was less than the increase in consolidated capacity [2] - Volaris transported 2.6 million passengers in April, reflecting a 14.8% year-over-year increase [2] - Domestic RPMs and ASMs increased by 12.9% and 17.1%, respectively, compared to April 2024 levels, while the domestic load factor was 86.9%, down 3.2 percentage points [3] - In international markets, RPMs increased by 12.2% year-over-year, and ASMs rose by 16.7% year-over-year [3] Group 2: Ryanair Performance - Ryanair reported a 6% year-over-year increase in the number of passengers transported, totaling 18.3 million in April 2025 [4] - The load factor for Ryanair in April was 93%, an increase from 92% in the previous year, indicating strong passenger demand [4] Group 3: Investment Considerations - Volaris currently holds a Zacks Rank of 4 (Sell), suggesting a less favorable investment outlook [5] - Copa Holdings (CPA) is highlighted as a potential investment opportunity, with a Zacks Rank of 1 (Strong Buy) [6] - CPA has an expected earnings growth rate of 11.4% for the current year and has consistently outperformed earnings estimates, with an average beat of 5.5% over the last four quarters [7] - Shares of CPA have increased by 12.8% year to date [7]

Core Insights - Volaris reported a 16.9% year-over-year increase in ASM capacity and a 12.7% growth in RPMs for April 2025, indicating strong operational performance despite macroeconomic volatility [2][3] - The load factor decreased by 3.1 percentage points year-over-year to 81.6%, reflecting a slight decline in efficiency [2][3] - The company transported 2.6 million passengers in April 2025, marking a 14.8% increase compared to the same month in 2024 [2][3] Traffic Results - **RPMs (Revenue Passenger Miles)**: - Domestic RPMs increased by 12.9% to 1,596 million, while international RPMs rose by 12.2% to 932 million [2][3] - Year-to-date (YTD) RPMs reached 9,990 million, up 6.4% from 9,389 million in 2024 [2][3] - **ASMs (Available Seat Miles)**: - Domestic ASMs grew by 17.1% to 1,836 million, and international ASMs increased by 16.7% to 1,260 million [2][3] - YTD ASMs totaled 11,833 million, an 8.9% increase from 10,864 million in 2024 [2][3] - **Load Factor**: - Domestic load factor decreased to 86.9% from 90.1%, while international load factor fell to 73.9% from 76.9% [2][3] - The overall load factor for April was 81.6%, down from 84.7% in the previous year [2][3] - **Passenger Numbers**: - Domestic passengers rose by 14.6% to 1,967 thousand, and international passengers increased by 15.4% to 649 thousand [2][3] - Total passengers for April reached 2,616 thousand, a 14.8% increase compared to 2,278 thousand in April 2024 [2][3] Management Commentary - The CEO of Volaris highlighted the complexity of forecasting capacity in a volatile macroeconomic environment, emphasizing the company's focus on competitive pricing strategies to maintain high occupancy levels while optimizing TRASM [3]