Volaris Reports Decrease in Consolidated Load Factor for April

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]