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Volaris Reports December 2024 Traffic Results: Load Factor of 88%

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Volaris (NYSE: VLRS) has released its December 2024 traffic results, reporting a load factor of 87.6%, representing a 2.2 percentage point increase from the previous year. The airline transported 2.8 million passengers during December, while experiencing a 4.5% year-over-year decrease in ASM capacity due to Pratt & Whitney engine inspections.

The company's RPMs declined by 2.1% overall, with domestic RPMs down 8.3% while international RPMs grew by 9.0%. Despite challenges, Volaris achieved a 99% completion rate for the full year. The airline is seeing network stability and the return of aircraft that completed engine inspections, though some ASM production fluctuations are expected as inspections continue.

For the full year 2024, Volaris recorded total RPMs of 29,505 million (-11.8% YoY) and ASMs of 33,990 million (-12.6% YoY), maintaining an overall load factor of 86.8%, up 0.8 percentage points from 2023.

Volaris (NYSE: VLRS) ha pubblicato i risultati del traffico di dicembre 2024, riportando un fattore di carico dell'87,6%, che rappresenta un aumento di 2,2 punti percentuali rispetto all'anno precedente. La compagnia aerea ha trasportato 2,8 milioni di passeggeri durante dicembre, mentre ha registrato una diminuzione del 4,5% della capacità ASM anno su anno a causa delle ispezioni dei motori Pratt & Whitney.

Gli RPM della compagnia sono diminuiti del 2,1% complessivamente, con una diminuzione degli RPM domestici dell'8,3% mentre gli RPM internazionali sono aumentati del 9,0%. Nonostante le sfide, Volaris ha raggiunto un tasso di completamento del 99% per l'intero anno. La compagnia aerea sta vivendo stabilità nella rete e il ritorno degli aerei che hanno completato le ispezioni dei motori, anche se si prevedono alcune fluttuazioni nella produzione di ASM man mano che le ispezioni continuano.

Per l'intero anno 2024, Volaris ha registrato un totale di RPM di 29.505 milioni (-11,8% anno su anno) e ASMs di 33.990 milioni (-12,6% anno su anno), mantenendo un fattore di carico complessivo dell'86,8%, in aumento di 0,8 punti percentuali rispetto al 2023.

Volaris (NYSE: VLRS) ha publicado sus resultados de tráfico de diciembre de 2024, reportando un coeficiente de ocupación del 87.6%, lo que representa un aumento de 2.2 puntos porcentuales en comparación con el año anterior. La aerolínea transportó 2.8 millones de pasajeros durante diciembre, mientras experimentaba una disminución del 4.5% en la capacidad ASM año tras año debido a las inspecciones de motores Pratt & Whitney.

Los RPM de la compañía disminuyeron en un 2.1% en total, con RPM nacionales cayendo un 8.3% mientras que los RPM internacionales crecieron un 9.0%. A pesar de los desafíos, Volaris logró una tasa de finalización del 99% durante todo el año. La aerolínea está viendo estabilidad en la red y el regreso de las aeronaves que completaron las inspecciones de motores, aunque se esperan algunas fluctuaciones en la producción de ASM a medida que continúan las inspecciones.

Para el año completo 2024, Volaris registró un total de RPM de 29,505 millones (-11.8% interanual) y ASMs de 33,990 millones (-12.6% interanual), manteniendo un coeficiente de ocupación general del 86.8%, un aumento de 0.8 puntos porcentuales desde 2023.

볼라리스 (NYSE: VLRS)가 2024년 12월의 교통 결과를 발표하며 탑재율 87.6%를 기록했고, 이는 지난해 대비 2.2% 포인트 증가한 수치입니다. 이 항공사는 12월 동안 280만 명의 승객을 운송했으며, Pratt & Whitney 엔진 점검으로 인해 ASM 용량이 전년 대비 4.5% 감소했습니다.

회사의 RPM은 전반적으로 2.1% 감소했으며, 국내 RPM은 8.3% 감소한 반면 국제 RPM은 9.0% 증가했습니다. 어려움에도 불구하고 볼라리스는 연간 99% 완료율을 달성했습니다. 항공사는 네트워크 안정성과 엔진 점검을 완료한 항공기의 복귀를 보고 있으며, 점검이 계속됨에 따라 일부 ASM 생산의 변동이 예상됩니다.

2024년 전체에서 볼라리스는 총 RPM 295억 5천만(-11.8% 전년 대비) 및 ASM 339억 9천만(-12.6% 전년 대비)을 기록하며 86.8%의 전체 탑재율을 유지했고, 이는 2023년 대비 0.8% 포인트 증가한 것입니다.

Volaris (NYSE: VLRS) a publié ses résultats de trafic de décembre 2024, rapportant un taux de remplissage de 87,6%, soit une augmentation de 2,2 points de pourcentage par rapport à l'année précédente. La compagnie aérienne a transporté 2,8 millions de passagers en décembre, tout en connaissant une diminution de 4,5 % de la capacité ASM d'une année sur l'autre en raison des inspections des moteurs Pratt & Whitney.

Les RPM de l'entreprise ont globalement diminué de 2,1 %, avec une baisse de 8,3 % des RPM domestiques tandis que les RPM internationaux ont augmenté de 9,0 %. Malgré les défis, Volaris a atteint un taux d'achèvement de 99 % pour toute l'année. La compagnie aérienne constate une stabilité du réseau et le retour des avions ayant terminé les inspections de moteurs, bien que certaines fluctuations de production d'ASM soient attendues pendant que les inspections se poursuivent.

Pour l'année 2024 dans son ensemble, Volaris a enregistré un total de RPM de 29 505 millions (-11,8 % en glissement annuel) et ASMs de 33 990 millions (-12,6 % en glissement annuel), maintenant un taux de remplissage global de 86,8 %, en hausse de 0,8 point de pourcentage par rapport à 2023.

Volaris (NYSE: VLRS) hat die Verkehrsergebnisse für Dezember 2024 veröffentlicht und berichtet von einem Auslastungsfaktor von 87,6%, was einem Anstieg von 2,2 Prozentpunkten im Vergleich zum Vorjahr entspricht. Die Fluggesellschaft transportierte 2,8 Millionen Passagiere im Dezember, während die ASM-Kapazität aufgrund von Inspektionen der Pratt & Whitney-Motoren um 4,5% im Jahresvergleich zurückging.

Die RPMs des Unternehmens sanken insgesamt um 2,1%, wobei die inländischen RPMs um 8,3% fielen, während die internationalen RPMs um 9,0% zunahmen. Trotz der Herausforderungen erreichte Volaris für das gesamte Jahr eine Abschlussquote von 99%. Die Fluggesellschaft erlebt Netzstabilität und die Rückkehr von Flugzeugen, die die Motorinspektionen abgeschlossen haben, obwohl einige Schwankungen in der ASM-Produktion erwartet werden, während die Inspektionen fortgesetzt werden.

Für das gesamte Jahr 2024 verzeichnete Volaris insgesamt 29.505 Millionen RPMs (-11,8% im Jahresvergleich) und 33.990 Millionen ASMs (-12,6% im Jahresvergleich) und behielt einen Gesamtauslastungsfaktor von 86,8% bei, was einem Anstieg von 0,8 Prozentpunkten gegenüber 2023 entspricht.

Positive
  • Load factor increased by 2.2 pp to 87.6%
  • International RPMs grew by 9.0%
  • International passenger traffic increased by 10.1%
  • 99% flight completion rate achieved for full year
  • Network showing stability after engine inspections
Negative
  • Overall ASM capacity decreased by 4.5% YoY
  • Total RPMs declined by 2.1%
  • Domestic RPMs decreased by 8.3%
  • Total passenger count dropped by 1.9%
  • YTD total RPMs down 11.8%
  • YTD total ASMs decreased 12.6%

Insights

The December 2024 traffic results for Volaris reveal a complex operational landscape. The 4.5% year-over-year decrease in ASM capacity, while concerning, performed better than anticipated due to improved engine recovery rates. The 87.6% load factor represents strong demand management, showing a 2.2 percentage point improvement from the previous year despite capacity constraints.

The divergence between domestic and international performance is noteworthy - domestic RPMs declined by 8.3% while international RPMs grew by 9.0%. This shift suggests successful market diversification strategy implementation during the Pratt & Whitney engine inspection challenges. The 99% completion rate for the full year demonstrates remarkable operational resilience.

For investors, the key takeaway is Volaris' ability to maintain high load factors while managing significant operational challenges. The improved international performance partially offsets domestic weakness, indicating effective network optimization. The engine inspection impact appears to be stabilizing, though continued short-term ASM fluctuations should be expected.

The traffic metrics paint a picture of strategic adaptation to operational constraints. The ability to achieve an 87.6% load factor while reducing capacity suggests strong revenue management capabilities. The 10.1% growth in international passengers versus a 5.9% decline in domestic passengers indicates a deliberate shift in network strategy to optimize returns.

The year-to-date figures show more substantial impacts, with total RPMs down 11.8% and total passengers decreased by 12.0%. However, the company's ability to maintain load factors above 86% system-wide suggests effective capacity management and pricing strategies. The international segment's resilience, showing positive growth in both RPMs and passenger numbers, provides a valuable hedge against domestic market challenges.

MEXICO CITY, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central and South America, reports its December 2024 preliminary traffic results.

In December, Volaris' ASM capacity decreased by 4.5% year-over-year due to the Pratt & Whitney engine inspections, slightly better than forecast as we recovered more engines than anticipated. Volaris transported 2.8 million passengers during the month with a load factor of 87.6%, a 2.2 pp increase from last year. RPMs for the month declined by 2.1%, with Mexican domestic RPMs down 8.3%, while international RPMs increased by 9.0%. Compared to December 2023, we are now seeing stability across the network and the return to service of aircraft that have completed their required engine inspections. While we anticipate some ongoing fluctuations in ASM production as engine inspections are completed, we remain committed to delivering a reliable network for our customers.

Enrique Beltranena, Volaris’ President and CEO, said: “We are pleased with the execution of our strategy and continue to prioritize the operational performance and network stability as we work through the Pratt & Whitney required engine inspections. We remain committed to high levels of customer satisfaction and operational excellence, reinforcing Volaris as the preferred airline in its core markets. As a result of the hard work of our ambassadors, we delivered a 99% completion rate for the full year in a challenging operating environment. I would like to thank all of our ambassadors for their efforts in 2024 and look forward to continuing excellence in 2025”.

 December
2024
December
2023
VarianceYTD
December
2024
YTD
December
2023
Variance
RPMs (million, scheduled & charter)      
Domestic1,658 1,809 -8.3% 18,161 22,422 -19.0% 
International1,112 1,020 9.0% 11,344 11,027 2.9% 
Total2,770 2,829 -2.1% 29,505 33,449 -11.8% 
ASMs (million, scheduled & charter)          
Domestic1,820 2,025 -10.1% 20,030 25,630 -21.8% 
International1,340 1,286 4.2% 13,960 13,260 5.3% 
Total3,161 3,311 -4.5% 33,990 38,890 -12.6% 
Load Factor (%, RPMs/ASMs)          
Domestic91.1%89.3%1.8 pp 90.7% 87.5% 3.2 pp 
International82.9%79.3%3.7 pp 81.3% 83.2% (1.9) pp 
Total87.6%85.4%2.2 pp 86.8% 86.0% 0.8 pp 
Passengers (thousand, scheduled & charter)          
Domestic1,984 2,108 -5.9% 21,705 25,909 -16.2% 
International777 706 10.1% 7,768 7,588 2.4% 
Total2,761 2,813 -1.9% 29,473 33,497 -12.0% 

The information included in this report has not been audited and does not provide information on the Company’s future performance. Volaris’ future performance depends on several factors. It cannot be inferred that any period’s performance or its comparison year-over-year will indicate a similar performance in the future. Figures are rounded for convenience purposes.

Glossary

Revenue passenger miles (RPMs): Number of seats booked by passengers multiplied by the number of miles flown.

Available seat miles (ASMs): Number of seats available for passengers multiplied by the number of miles flown.

Load factor: RPMs divided by ASMs and expressed as a percentage.

Passengers: The total number of passengers booked on all flight segments.

Investor Relations Contact
Ricardo Martínez / ir@volaris.com

Media Contact
Israel Álvarez / ialvarez@gcya.net

About Volaris
*Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris” or “the Company”) (NYSE: VLRS and BMV: VOLAR) is an ultra-low-cost carrier, with point-to-point operations, serving Mexico, the United States, Central, and South America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since the beginning of operations in March 2006, Volaris has increased its routes from 5 to more than 221 and its fleet from 4 to 143 aircraft. Volaris offers more than 500 daily flight segments on routes that connect 44 cities in Mexico and 29 cities in the United States, Central, and South America, with one of the youngest fleets in Mexico. Volaris targets passengers who are visiting friends and relatives, cost-conscious business and leisure travelers in Mexico, the United States, Central, and South America. Volaris has received the ESR Award for Social Corporate Responsibility for fifteen consecutive years. For more information, please visit ir.volaris.com. Volaris routinely posts information that may be important to investors on its investor relations website. The Company encourages investors and potential investors to consult the Volaris website regularly for important information about Volaris.


FAQ

What was Volaris (VLRS) load factor in December 2024?

Volaris achieved a load factor of 87.6% in December 2024, representing a 2.2 percentage point increase from December 2023.

How many passengers did Volaris (VLRS) transport in December 2024?

Volaris transported 2.8 million passengers in December 2024, showing a slight decrease of 1.9% compared to December 2023.

What was the impact of Pratt & Whitney engine inspections on Volaris (VLRS) capacity?

The Pratt & Whitney engine inspections led to a 4.5% year-over-year decrease in ASM capacity for December 2024.

How did Volaris (VLRS) international traffic perform in December 2024?

Volaris' international traffic showed strong growth with RPMs increasing by 9.0% and passenger numbers rising by 10.1% compared to December 2023.

What was Volaris (VLRS) flight completion rate for 2024?

Volaris achieved a 99% flight completion rate for the full year 2024 despite challenging operating conditions.

CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.B. DE C.V.

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