Controladora Vuela Compania de Aviacion SAB de CV (VLRS) has released an update.
Volaris, the ultra-low-cost airline, reported a strong load factor of 87% in October 2024, despite a 6.8% decrease in ASM capacity due to engine inspections. The airline transported 2.5 million passengers, with a notable increase in international RPMs by 1.5%. CEO Enrique Beltranena highlights the sustained demand and positive booking trends heading into the holiday season, emphasizing prudent capacity recovery strategies.
For further insights into VLRS stock, check out TipRanks’ Stock Analysis page.
