Controladora Vuela Compania de Aviacion, S.A.B. de C.V. Stock Price, News & Analysis

Volaris (NYSE: VLRS) reported challenging Q1 2025 financial results, posting a net loss of $51 million with loss per ADS of $45 cents. Total operating revenues declined 12% to $678 million, while total revenue per available seat mile (TRASM) decreased 17% to $7.76 cents.

Key operational metrics showed mixed results: Available seat miles increased 6% to 8.7 billion, and passenger count grew 7.1% to 7.4 million. However, load factor decreased to 85.4%. The company's fleet expanded to 145 aircraft, with 61% being New Engine Option (NEO) models.

Financial position remains stable with $862 million in cash and equivalents, representing 28% of LTM operating revenue. The net debt-to-LTM EBITDAR ratio increased slightly to 2.7x. For 2025, Volaris updated guidance projecting 8-9% ASM growth, down from previous ~13% estimate, while maintaining CAPEX at ~$250 million.

Volaris (VLRS) has released its March 2025 traffic results, showing mixed performance across key metrics. The ultra-low-cost carrier's total capacity (ASMs) increased by 10.9% year-over-year, while revenue passenger miles (RPMs) grew by 7.8%. The airline transported 2.6 million passengers, representing a 12.3% increase from March 2024.

The company's domestic RPMs rose by 9.9%, with international RPMs showing a more modest 4.6% growth. However, the overall load factor decreased by 2.4 percentage points to 84.4%. The domestic load factor stood at 89.4%, while international routes achieved 77.2%.

CEO Enrique Beltranena noted that domestic load factors remain stable, reflecting effective capacity management. He attributed part of the reduced load factors to the Easter holiday shift into April and mentioned that VFR (Visiting Friends and Relatives) segments maintained steady levels across both markets.

Volaris (VLRS) has released its February 2025 traffic results, showing mixed performance across key metrics. The ultra-low-cost carrier's capacity, measured in Available Seat Miles (ASM), increased by 3.4% year-over-year, while Revenue Passenger Miles (RPMs) grew by 2.5%.

In the domestic Mexican market, RPMs rose by 3.6%, while international RPMs showed modest growth of 0.7%. The airline's load factor experienced a slight decline of 0.7 percentage points, settling at 85.2%. Volaris transported 2.2 million passengers during February.

CEO Enrique Beltranena noted that February loads remained robust across both domestic and cross-border markets, typical for a low-season month. The company plans to maintain proactive capacity management and fare modulation strategies to maintain strong load factors while addressing challenges from local currency depreciation and softer cross-border demand.

Volaris (NYSE: VLRS) reported its Q4 and full-year 2024 financial results, achieving a net income of $46 million in Q4 and $126 million for the full year. Q4 total operating revenues decreased 7% to $835 million, while EBITDAR increased 18% to $331 million with a margin of 39.6%.

The company faced challenges from GTF engine inspections and aircraft groundings, with approximately 34 aircraft on ground during Q4. Despite these challenges, Volaris maintained profitability throughout 2024, achieving a full-year EBITDAR margin of 36.3%. The company's total cash position stood at $954 million, representing 30% of last twelve months' operating revenue.

For 2025, Volaris plans a capacity growth of around 13%, with approximately 40% allocated to international markets. The company's fleet expanded to 143 aircraft, with 60% being New Engine Option (NEO) models.

Volaris (NYSE: VLRS) has released its January 2025 traffic results, showing mixed performance. The airline's ASM capacity increased by 4.7% year-over-year, while RPMs grew by 2.9%. The company transported 2.6 million passengers, with domestic RPMs rising 0.9% and international RPMs increasing by 5.9%. However, the load factor decreased by 1.5 percentage points to 86.6%.

The company noted softness in VFR traffic to the U.S. due to geopolitical uncertainty, leading to fare adjustments to maintain healthy load factors. For 2025, Volaris plans to grow total ASMs by 13-15% compared to 2024. However, overall capacity will remain relatively flat compared to 2023 due to Pratt & Whitney engine-related AOGs, with domestic capacity in Mexico expected to be 11% below 2023 levels, while international capacity is projected to be up 20%.

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 reported its November 2024 traffic results, showing a 3.7% decrease in ASM capacity year-over-year due to Pratt & Whitney engine inspections. The airline transported 2.6 million passengers with an 86.8% load factor, down 3.0 percentage points from last year. RPMs declined 6.9%, with domestic RPMs falling 10.5% while international RPMs remained relatively stable.

The company's CEO, Enrique Beltranena, noted solid demand across the network, particularly in the domestic market, and highlighted strategic investments in transborder capacity for the December high season. Year-to-date performance remains strong despite GTF engine inspection challenges.

Volaris reported its October 2024 traffic results, showing mixed performance. The airline's ASM capacity decreased by 6.8% year-over-year due to Pratt & Whitney engine inspections. The company transported 2.5 million passengers with a load factor of 87.4%, down 2.1 percentage points from last year. Total RPMs declined by 9.0%, with domestic RPMs falling 14.4% while international RPMs grew 1.5%. The CEO highlighted strong demand across markets and robust booking trends through the holiday season, focusing on sustained profitability through prudent capacity recovery and aggressive cost management.

Volaris reported its Q3 2024 financial results, achieving net income of $37 million with earnings per ADS of $32 cents. Total operating revenues reached $813 million, a 4% decrease year-over-year. The company's EBITDAR increased 52% to $315 million with a margin of 38.7%. Despite challenges from Pratt & Whitney engine inspections causing reduced capacity, TRASM increased 12% to $9.38 cents. The company maintained strong liquidity with $830 million in cash and equivalents, representing 26% of LTM operating revenue. The net debt-to-LTM EBITDAR ratio improved to 2.7x from 3.5x year-over-year.