Volaris Reports February 2026 Traffic Results: Load Factor of 86%

Volaris (NYSE: VLRS) reported preliminary February 2026 traffic: total RPMs rose 1.5% while ASMs increased 1.0%, producing a consolidated load factor of 85.7% (up 0.5 pp YoY).

Rhea-AI Summary

Volaris (NYSE: VLRS) reported preliminary February 2026 traffic: total RPMs rose 1.5% while ASMs increased 1.0%, producing a consolidated load factor of 85.7% (up 0.5 pp YoY). Domestic RPMs fell 5.4% and international RPMs grew 12.6%. The carrier flew 2.3 million passengers in February.

YTD through Feb, total RPMs were 4,992 million (+1.8% YoY) and ASMs were 5,860 million (+2.8% YoY). Figures are preliminary and unaudited.

Positive

• International RPMs +12.6% in February
• Consolidated load factor 85.7% (+0.5 pp YoY)
• Total passengers 2.318 million in February (+4.1%)

Negative

• Domestic RPMs declined 5.4% in February
• Domestic ASMs down 5.2% in February

Argus Mar 10 session

+6.52% close to close Open Argus

Details

News Market Reaction – VLRS

On Mar 10, the day this news came out, VLRS closed 6.52% above the previous close.

Data tracked by StockTitan Argus for the Mar 10 session.

Market Context

On Mar 10, the day this news came out, the stock closed 6.5% above the previous close. A strong posi...

Analysis

On Mar 10, the day this news came out, the stock closed 6.5% above the previous close. A strong positive reaction aligns with the article’s solid February metrics, including total RPM growth of 1.5% and a consolidated load factor of 85.7%. Historical traffic updates have usually seen mild gains, while strategic news like the December airline group announcement triggered a larger move. Investors would have weighed ongoing domestic softness against double‑digit international RPM growth, with prior earnings-related weakness a reminder that profitability updates could temper enthusiasm later.

Key Figures

ASM capacity growth: 1.0% RPM growth: 1.5% Domestic RPM change: (5.4%) +5 more

ASM capacity growth

1.0%

February 2026 vs February 2025

RPM growth

1.5%

February 2026 vs February 2025 total RPMs

Domestic RPM change

(5.4%)

February 2026 vs February 2025

International RPM change

12.6%

February 2026 vs February 2025

Consolidated load factor

85.7%

February 2026, up 0.5 pp year-over-year

Passengers carried

2.3 million

Volaris total passengers in February 2026

International load factor

81.4%

February 2026, up 2.0 pp year-over-year

Total RPMs

2,271 million

February 2026 scheduled & charter

Historical Context

5 past events · Latest: Feb 24

5 events

1. Feb 24

   Q4 2025 earnings

   24h Move

   -6.7%

   Reported Q4 margin strength but full-year net loss and 2026 guidance details.

2. Feb 24

   Operations update

   24h Move

   +1.6%

   Announced normal operations at Guadalajara and Puerto Vallarta after disruptions.

3. Feb 09

   January traffic data

   24h Move

   +0.2%

   Released January 2026 traffic with RPM, ASM growth and 84.8% load factor.

4. Jan 08

   December traffic data

   24h Move

   +2.8%

   Reported December 2025 traffic with higher ASMs, RPMs and 84.1% load factor.

5. Dec 18

   Airline group deal

   24h Move

   +14.1%

   Announced new Mexican airline group with Viva in a merger-of-equals structure.

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, available seat miles, load factor

3 terms

revenue passenger miles technical

"Glossary Revenue passenger miles (RPMs): Number of seats booked..."

Revenue passenger miles measure the total distance traveled by paying passengers on a transportation service, calculated by multiplying the number of paying passengers by the miles they travel. It shows how much revenue-generating activity a transportation company is doing, helping investors assess how well the company is attracting and serving passengers. Higher revenue passenger miles typically indicate stronger demand and better financial performance.

available seat miles technical

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

Available seat miles measure the total capacity of an airline to carry passengers, calculated by multiplying the number of seats available on all flights by the distance those flights cover. It indicates how much space an airline has to generate revenue from passenger travel. For investors, higher available seat miles generally suggest a larger operation and potential for increased earnings.

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.

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

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MEXICO CITY, March 10, 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 February 2026 preliminary traffic results.

In February, Volaris’ ASM capacity increased 1.0%, while RPMs for the month grew 1.5%. Mexican domestic RPMs declined 5.4%, while international RPMs increased 12.6%. Consolidated load factor increased by 0.5 percentage points year-over-year to 85.7%. During the month, Volaris transported 2.3 million passengers.

Enrique Beltranena, Volaris’ President and CEO, said: “February reflected disciplined capacity deployment aligned with demand across our network, especially in the domestic market, where the capacity adjustments paid off. As a result, RPM growth outpaced capacity growth in the month. The international market demonstrated continued momentum, validating our ongoing cross-border strategy, as reflected in the continued recovery in load factors. Load factors for international hit 81.4% in February, demonstrating continued demand recovery from last year.

“Booking trends in 2026 have remained healthy, with momentum building into Semana Santa and the spring season among our Hispanic VFR and leisure passengers, giving us confidence in sustained strong performance as we move through the first half of the year.”

		Feb 2026		Feb 2025		Variance		YTD Feb 2026		YTD Feb 2025		Variance
	RPMs (million, scheduled & charter)
	Domestic	1,307		1,381		(5.4%)		2,848		2,939		(3.1%)
	International	964		856		12.6%		2,145		1,963		9.3%
	Total	2,271		2,237		1.5%		4,992		4,902		1.8%
	ASMs (million, scheduled & charter)
	Domestic	1,467		1,548		(5.2%)		3,227		3,322		(2.9%)
	International	1,184		1,078		9.9%		2,634		2,381		10.6%
	Total	2,651		2,625		1.0%		5,860		5,703		2.8%
	Load Factor (%, RPMs/ASMs)
	Domestic	89.1%		89.2%		(0.1) pp		88.3%		88.5%		(0.2) pp
	International	81.4%		79.4%		2.0 pp		81.4%		82.4%		(1.0) pp
	Total	85.7%		85.2%		0.5 pp		85.2%		85.9%		(0.7) pp
	Passengers (thousand, scheduled & charter)
	Domestic	1,649		1,644		0.4%		3,548		3,477		2.1%
	International	668		583		14.7%		1,490		1,347		10.6%
	Total	2,318		2,226		4.1%		5,038		4,823		4.4%

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 257 and its fleet from 4 to 155 aircraft. Volaris offers around 500 daily flight segments on routes that connect 46 cities in Mexico and 30 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 traffic results did Volaris (VLRS) report for February 2026?

Volaris reported total RPMs up 1.5% and ASMs up 1.0% in February 2026, producing an 85.7% load factor. According to the company, international RPMs grew 12.6% while domestic RPMs fell 5.4%, and the airline carried 2.3 million passengers in the month.

How did Volaris' international performance compare in February 2026 for VLRS?

International RPMs increased 12.6% and load factor reached 81.4% in February 2026. According to the company, international ASMs rose 9.9%, reflecting cross-border demand recovery and stronger momentum versus the domestic network.

What drove Volaris' domestic traffic changes in February 2026 for VLRS?

Domestic RPMs declined 5.4% while domestic ASMs fell 5.2% in February 2026, keeping load factor near 89.1%. According to the company, disciplined capacity deployment aligned supply with demand in the domestic market.

What were Volaris' year-to-date (YTD) RPM and ASM trends through February 2026 for VLRS?

Through February 2026, YTD total RPMs were 4,992 million (+1.8% YoY) and YTD ASMs were 5,860 million (+2.8% YoY). According to the company, these preliminary unaudited figures reflect modest capacity expansion with slightly higher RPM growth.

How many passengers did Volaris (VLRS) transport in February 2026 and what was the YoY change?

Volaris transported 2.318 million passengers in February 2026, a 4.1% increase year-over-year. According to the company, international passenger volumes rose particularly strongly, supporting overall monthly traffic gains.