Volaris reports October load factor of 86%

In October, Volaris (VLRS)’ ASM capacity increased 1.1%, while RPMs for the month declined 0.6%. Mexican domestic RPMs decreased 1.9%, while international RPMs rose 1.4%. Consolidated load factor decreased by 1.5 percentage points year-over-year to 85.9%. During the month, Volaris transported 2.6 million passengers. Enrique Beltranena, Volaris’ President and CEO, said: “Our October results reflect strong travel sentiment, as we continue to see sequential improvement across our network, consistent with the trends shared in our third-quarter earnings call. Domestic demand remains healthy and aligned with historical seasonality. In the cross-border market, current booking trends support our view that we are at an inflection point and sales are returning to levels similar to last year. We remain focused on disciplined execution as we close out the year, positioning us well to continue delivering sustainable value.”