Volaris reports July load factor of 85%

In July, Volaris (VLRS)’ ASM capacity increased 6.0%, while RPMs for the month remained essentialy flat. Mexican domestic RPMs declined 0.4%, while international RPMs increased 1.0%. Consolidated load factor decreased by 5.0 percentage points year-over-year to 84.9%. During the month, Volaris transported 2.8 million passengers. Enrique Beltranena, Volaris’ President and CEO, said: “The third quarter is performing in line with our expectations, and we are on track to meet our quarterly guidance. In July, our domestic network delivered a strong load factor, underscoring steady demand across Mexico. International load factor declined year-over-year, as expected, driven by our tactical focus on prioritizing yields and ancillary revenues. This result also reflects year-over-year ASM restoration, including the recent addition of capacity in July, which will continue maturing throughout the second half of the year in both the U.S. and Central America. The market continues to gradually stabilize, with reduced industry capacity aligned with current passenger demand patterns.”