Volaris Reports April 2026 Traffic Results: Load Factor of 85%

Volaris (NYSE: VLRS) reported April 2026 preliminary traffic: total RPMs +1.6%, ASMs -1.9%, and consolidated load factor 84.6% (up 2.9 pp vs. Apr 2025).

Rhea-AI Summary

Volaris (NYSE: VLRS) reported April 2026 preliminary traffic: total RPMs +1.6%, ASMs -1.9%, and consolidated load factor 84.6% (up 2.9 pp vs. Apr 2025). The airline carried 2.7 million passengers in April, with international RPMs rising 8.9%.

Figures are preliminary and unaudited; domestic capacity reductions were targeted amid elevated jet fuel prices.

Positive

• Load factor improved by 2.9 percentage points to 84.6%
• Total RPMs rose 1.6% year-over-year in April
• International RPMs increased 8.9% in April
• Passengers carried totaled 2.7 million in April (+3.1%)

Negative

• ASMs decreased 1.9% in April, driven by a 5.3% domestic capacity cut
• Domestic RPMs declined 2.7% in April
• YTD domestic RPMs down 3.2% through April versus prior year

Argus May 7 session

-0.51% close to close Open Argus

Details

News Market Reaction – VLRS

In the May 7 session, VLRS declined 0.51%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights resilient demand in April 2026, with consolidated load factor rising to...

Analysis

This announcement highlights resilient demand in April 2026, with consolidated load factor rising to 84.6%, RPMs up 1.6%, and passengers increasing to about 2.7 million despite a 1.9% capacity reduction. The mix shows weaker domestic but stronger international traffic, consistent with a focus on higher-yield transborder routes. In context of recent quarters that included net losses and higher CASM, investors may monitor future traffic updates, fuel cost trends, and any changes in capacity deployment discipline.

Key Figures

April 2026 load factor: 84.6% ASM change: -1.9% RPM change: 1.6% +5 more

April 2026 load factor

84.6%

Consolidated load factor, April 2026 vs 81.6% in April 2025

ASM change

-1.9%

Total ASMs, April 2026 vs April 2025

RPM change

1.6%

Total RPMs, April 2026 vs April 2025

Domestic RPMs change

-2.7%

Domestic RPMs, April 2026 vs April 2025

International RPMs change

8.9%

International RPMs, April 2026 vs April 2025

Passengers April 2026

2.698 million

Total passengers in April 2026 vs 2.616 million in April 2025

YTD RPMs

10,170 million

Total RPMs YTD April 2026 vs 9,990 million YTD April 2025

YTD load factor

84.9%

Consolidated YTD load factor April 2026 vs 84.4% prior year

Historical Context

5 past events · Latest: Apr 27

5 events

1. Apr 27

   1Q26 earnings

   24h Move

   -1.5%

   Revenue growth but net loss and higher unit costs pressured sentiment.

2. Apr 08

   March traffic update

   24h Move

   +12.2%

   Strong Spring demand with higher load factor and passenger volumes.

3. Mar 10

   February traffic update

   24h Move

   +6.5%

   Load factor improvement and RPM growth despite weaker domestic demand.

4. Feb 24

   Q4/FY25 earnings

   24h Move

   -6.7%

   Strong EBITDAR margin but full‑year net loss and 2026 guidance details.

5. Feb 24

   Operations update

   24h Move

   +1.6%

   Confirmation of normal operations at key Mexican airports.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

revenue passenger miles (rpms), available seat miles (asms), load factor, ultra-low-cost carrier (ulcc)

4 terms

revenue passenger miles (rpms) technical

"Revenue passenger miles (RPMs): Number of seats booked by passengers multiplied..."

Revenue passenger miles (RPMs) measure the total distance traveled by paying airline passengers, calculated by multiplying each passenger by the miles they fly and adding them up. Think of it like tracking the total miles driven by all paying riders in a taxi fleet. Investors watch RPMs because they show actual travel demand and help estimate future ticket revenue, capacity use, and how well an airline fills its flights.

available seat miles (asms) technical

"Available seat miles (ASMs): Number of seats available for passengers multiplied..."

Available seat miles (ASMs) measure an airline’s passenger-carrying capacity by multiplying the number of seats available on each flight by the distance those seats are flown. Investors use ASMs to gauge how much travel capacity an airline is offering—similar to counting how many bus seats are available and how far each bus goes—to compare growth, efficiency and how well an airline fills that capacity when combined with passenger demand metrics.

load factor technical

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

Load factor is a measure of how efficiently a transportation service, such as a plane, train, or bus, fills its available seats or space over a period of time. It is calculated by dividing the actual number of passengers or usage by the total available capacity. A higher load factor indicates better utilization, which can lead to more profitable operations and is important for investors assessing the efficiency and profitability of transportation companies.

ultra-low-cost carrier (ulcc) technical

"the ultra-low-cost carrier (ULCC) serving Mexico, the United States..."

An ultra-low-cost carrier (ULCC) is an airline that offers very low base fares by simplifying operations and charging extra for things like checked bags, seat selection, and onboard snacks—think of it as a discount retailer of air travel. For investors it matters because this business model can drive high ticket volume and strong profit margins when demand is steady, but it also increases sensitivity to fuel prices, route disruption and intense price competition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MEXICO CITY, May 06, 2026 (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 April 2026 preliminary traffic results.

In April, Volaris’ ASM capacity decreased by 1.9%, while RPMs for the month grew 1.6%. Mexican domestic RPMs declined by 2.7%, while international RPMs increased 8.9%. Consolidated load factor increased by 2.9 percentage points year-over-year to 84.6%. During the month, Volaris transported 2.7 million passengers.

Enrique Beltranena, Volaris’ President and CEO, said: “In April, demand remained resilient across both domestic and international markets, supported by strong Semana Santa and Spring Break travel periods. Amid elevated global jet fuel prices and as discussed during our first-quarter earnings call, we implemented targeted capacity reductions during the month—mostly in the domestic market, while prioritizing the higher-yielding transborder segment. We continue to execute our long-term strategy, while remaining disciplined and flexible in our capacity deployment.”

	Apr 2026	Apr 2025	Variance	YTD Apr 2026	YTD Apr 2025	Variance
RPMs (million, scheduled & charter)
Domestic	1,553	1,596	(2.7%)	5,936	6,132	(3.2%)
International	1,015	932	8.9%	4,234	3,858	9.7%
Total	2,568	2,528	1.6%	10,170	9,990	1.8%
ASMs (million, scheduled & charter)
Domestic	1,739	1,836	(5.3%)	6,661	6,944	(4.1%)
International	1,298	1,260	3.0%	5,316	4,889	8.7%
Total	3,037	3,096	(1.9%)	11,977	11,833	1.2%
Load Factor (%, RPMs/ASMs)
Domestic	89.3%	86.9%	2.4 pp	89.1%	88.3%	0.8 pp
International	78.2%	73.9%	4.3 pp	79.6%	78.9%	0.7 pp
Total	84.6%	81.6%	2.9 pp	84.9%	84.4%	0.5 pp
Passengers (thousand, scheduled & charter)
Domestic	2,003	1,967	1.8%	7,517	7,375	1.9%
International	694	649	6.9%	2,931	2,659	10.2%
Total	2,698	2,616	3.1%	10,447	10,034	4.1%

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 performance or its year-over-year comparison 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.

VFR: Visiting friends and relatives.

Investor Relations Contact
Liliana Juárez / ir@volaris.com

Media Contact
Ricardo Flores / rflores@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 244 and its fleet from 4 to 157 aircraft. Volaris offers around 500 daily flight segments on routes that connect 46 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. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Volaris (VLRS) April 2026 traffic highlights and key metrics?

Volaris reported April 2026 total RPMs +1.6% and ASMs -1.9%, with a consolidated load factor of 84.6%. According to the company, international RPMs rose 8.9% while domestic RPMs fell 2.7%.

How did Volaris' April 2026 load factor compare to April 2025 for VLRS?

The consolidated load factor increased by 2.9 percentage points to 84.6% in April 2026. According to the company, domestic load factor was 89.3% and international load factor was 78.2% that month.

Why did Volaris (VLRS) reduce capacity in April 2026 and where were cuts focused?

Volaris implemented targeted capacity reductions mainly in the domestic market amid elevated jet fuel prices. According to the company, cuts prioritized protecting higher-yielding transborder routes and flexibility in capacity deployment.

How many passengers did Volaris (VLRS) carry in April 2026 and what was the growth?

Volaris transported 2.7 million passengers in April 2026, a 3.1% increase versus April 2025. According to the company, international passenger volumes grew 6.9% while domestic passengers rose 1.8%.