Volaris Reports January 2025 Traffic Results: Load Factor of 87%

Core Insights - Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (Volaris) reported its preliminary traffic results for January 2025, highlighting a year-over-year increase in ASM capacity and RPMs, but a decrease in load factor [1][2]. Traffic Performance - In January 2025, Volaris' ASM capacity increased by 4.7% year-over-year, while RPMs grew by 2.9% [2]. - Domestic RPMs rose by 0.9%, and international RPMs increased by 5.9% [2]. - The overall load factor decreased by 1.5 percentage points year-over-year to 86.6% [2]. Passenger Statistics - Volaris transported 2.6 million passengers in January 2025 [2]. - Domestic passengers totaled 1.833 million, a 3.5% increase from January 2024, while international passengers reached 764 thousand, up 6.2% [4]. Capacity and Future Outlook - For the full year 2025, Volaris plans to grow total ASMs by 13% to 15% compared to 2024, with a focus on network expansion [4]. - Despite this growth, overall capacity is expected to remain flat compared to 2023 due to recovery from Pratt & Whitney engine-related issues [4]. - Domestic capacity in Mexico is projected to be around 11% below 2023 levels, while international capacity is expected to increase by approximately 20% compared to 2023 [4]. Management Commentary - The CEO of Volaris noted a softness in VFR traffic to the U.S. in late January, attributed to geopolitical uncertainty, prompting adjustments in base fares to stimulate demand [3].