09 September, 2024

The latest from Volaris

Volaris, the ultra-low-cost carrier serving Mexico, the United States, Central, and South America, reports its August 2024 preliminary traffic results.  In August 2024, Volaris' ASM capacity decreased by 15.1% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings. Volaris transported 2.6 million passengers during the month at a load factor of 87.0%, flat against last year’s levels. RPMs for the month decreased by 15.3%, with Mexican domestic RPMs down by 22.0%, while international RPMs were effectively flat.


Enrique Beltranena, Volaris’ President and CEO said: "Our strategic fleet mitigation plan is on track and continues to deliver favorable outcomes. We have met our goals since the engine inspections began, and we are managing the situation with almost 30% of our fleet on the ground. We reaffirm our annual capacity guidance, which indicates an approximate 14% reduction. Volaris concluded the summer high season with a very solid operational performance and strong demand, which drove high load factors. Please note that comparable load factor figures from August through December of last year already include the consolidation of flights driven by the first round of accelerated P&W engine inspections."

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August
2024
August
2023
VarianceYTD August
2024
YTD August
2023
Variance
RPMs (million, scheduled & charter)      
Domestic1,635 2,097 -22.0%12,009 15,360 -21.8%
International966 972 -0.6%7,417 7,222 2.7%
Total2,601 3,069 -15.3%19,426 22,582 -14.0%
ASMs (million, scheduled & charter)      
Domestic1,820 2,348 -22.5%13,275 17,851 -25.6%
International1,168 1,173 -0.4%9,101 8,558 6.3%
Total2,989 3,521 -15.1%22,376 26,409 -15.3%
Load Factor (%, RPMs/ASMs)      
Domestic89.8%89.3%0.5 pp90.5%86.0%4.4 pp
International82.7%82.9%(0.2) pp81.5%84.4%(2.9) pp
Total87.0%87.2%(0.1) pp86.8%85.5%1.3 pp
Passengers (thousand, scheduled & charter)      
Domestic1,958 2,418 -19.0%14,246 17,732 -19.7%
International651 662 -1.6%5,058 4,968 1.8%
Total2,609 3,080 -15.3%19,304 22,701 -15.0%

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