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

Rhea-AI Summary

Volaris (NYSE: VLRS) reported preliminary January 2026 traffic: total RPMs 2,722 million (+2.1% YoY), ASMs 3,210 million (+4.3% YoY) and consolidated load factor 84.8% (down 1.8 pp). The airline carried 2.7 million passengers in January.

Domestic RPMs fell 1.1% while international RPMs rose 6.7%; international ASMs grew 11.2% as new capacity continued to mature.

Positive

• International ASMs +11.2% year-over-year, reflecting expanded capacity since mid-2025

Negative

• None.

Key Figures

ASM growth: 4.3% RPM growth: 2.1% Domestic RPM change: -1.1% +5 more

8 metrics

ASM growth 4.3% January 2026 capacity vs January 2025

RPM growth 2.1% January 2026 traffic vs January 2025

Domestic RPM change -1.1% Mexican domestic RPMs, January 2026 vs January 2025

International RPM change 6.7% International RPMs, January 2026 vs January 2025

Consolidated load factor 84.8% January 2026, down 1.8 pp year-over-year

Total passengers 2.7 million Passengers transported in January 2026

Domestic ASMs change -0.8% Domestic ASMs, January 2026 vs January 2025

International ASMs change 11.2% International ASMs, January 2026 vs January 2025

Market Reality Check

Price: $10.45 Vol: Volume 854,185 is 12% abo...

normal vol

$10.45 Last Close

Volume Volume 854,185 is 12% above the 20-day average of 762,519. normal

Technical Price 10.45 is trading above the 200-day MA at 6.39 and near the 52-week high of 10.58.

Peers on Argus

VLRS gained 2.45% with modestly elevated volume, while only one peer (FLYX) appe...

1 Up

VLRS gained 2.45% with modestly elevated volume, while only one peer (FLYX) appeared in the momentum scanner, moving up 7.59%. Broader peers like SNCY, ALGT, ULCC, and JBLU show notable positive price changes but do not form a confirmed same-direction momentum cluster with VLRS based on the scanner data.

Historical Context

5 past events · Latest: Jan 08 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 08	Monthly traffic update	Positive	+2.8%	December 2025 traffic growth with 84.1% load factor and 3.0M passengers.
Dec 18	Strategic merger announcement	Positive	+4.7%	Planned new Mexican airline group with Viva, 50/50 fully diluted ownership.
Dec 04	Monthly traffic update	Neutral	-1.1%	November 2025 traffic with higher ASMs/RPMs and 85.3% load factor.
Nov 29	Regulatory compliance update	Positive	+0.7%	Completion of EASA A320 inspections with zero cancellations and no material impact.
Nov 05	Monthly traffic update	Neutral	+6.6%	October 2025 ASMs up, RPMs slightly down, load factor about 86%.

Pattern Detected

Recent traffic and strategic updates have generally coincided with positive share price reactions, suggesting the stock has often responded constructively to operational news.

Recent Company History

Over the last few months, Volaris has regularly reported monthly traffic figures, with ASMs and RPMs generally trending modestly higher and load factors around the mid‑80% range. Notable updates include the planned formation of a new Mexican airline group with Viva, where each shareholder group would own 50% on a fully diluted basis, and successful completion of EASA‑mandated A320 inspections with no cancellations and no material financial impact. These developments frame the January 2026 traffic report as part of a continuing focus on disciplined capacity and operational reliability.

Market Pulse Summary

This announcement details January 2026 traffic with ASMs up 4.3%, RPMs up 2.1%, and a consolidated l...

Analysis

This announcement details January 2026 traffic with ASMs up 4.3%, RPMs up 2.1%, and a consolidated load factor of 84.8%, down 1.8 percentage points year over year. Domestic RPMs dipped 1.1%, while international RPMs rose 6.7%, reflecting the continued maturation of added international capacity. Recent history shows recurring monthly traffic reports and operational updates, so investors may watch how load factor, domestic demand, and international growth evolve through 2026.

Key Terms

revenue passenger miles (RPMs), available seat miles (ASMs), load factor

3 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.

AI-generated analysis. Not financial advice.

MEXICO CITY, Feb. 09, 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 January 2026 preliminary traffic results.

In January, Volaris’ ASM capacity increased 4.3%, while RPMs for the month grew 2.1%. Mexican domestic RPMs declined 1.1%, while international RPMs increased 6.7%. Consolidated load factor decreased by 1.8 percentage points year-over-year to 84.8%. During the month, Volaris transported 2.7 million passengers.

Enrique Beltranena, Volaris’ President and CEO, said: “We began the year with traffic trends consistent with those observed during the fourth quarter across our network. Domestic passenger volumes were broadly stable year-over-year, while international capacity added since mid-2025 continued to mature, with performance reflecting sequential improvement in VFR demand. Looking ahead, we will remain disciplined in deploying and managing capacity to match demand and support profitability throughout 2026.”

	Jan 2026		Jan 2025		Variance
RPMs (million, scheduled & charter)
Domestic	1,541		1,558		(1.1%)
International	1,181		1,107		6.7%
Total	2,722		2,665		2.1%
ASMs (million, scheduled & charter)
Domestic	1,760		1,775		(0.8%)
International	1,450		1,304		11.2%
Total	3,210		3,078		4.3%
Load Factor (%, RPMs/ASMs)
Domestic	87.6%		87.8%		(0.2) pp
International	81.5%		84.9%		(3.4) pp
Total	84.8%		86.6%		(1.8) pp
Passengers (thousand, scheduled & charter)
Domestic	1,899		1,833		3.6%
International	821		764		7.5%
Total	2,720		2,597		4.7%

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.

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 221 and its fleet from 4 to 155 aircraft. Volaris offers around 450 daily flight segments on routes that connect 44 cities in Mexico and 28 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

What were Volaris (VLRS) January 2026 total RPMs and ASMs?

Total RPMs were 2,722 million and ASMs were 3,210 million in January 2026. According to the company, RPMs rose 2.1% and ASMs increased 4.3% year-over-year, reflecting modest traffic growth with added capacity.

How did Volaris (VLRS) January 2026 load factor compare year-over-year?

Consolidated load factor was 84.8% in January 2026, down 1.8 percentage points year-over-year. According to the company, the decline reflects faster ASM growth versus RPMs, notably from international capacity expansion.

What changes occurred in Volaris (VLRS) domestic and international traffic in January 2026?

Domestic RPMs fell 1.1% while international RPMs rose 6.7% in January 2026. According to the company, domestic volumes were broadly stable, and international routes continued maturing after mid-2025 capacity additions.

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

Volaris carried 2.7 million passengers in January 2026, up 4.7% year-over-year. According to the company, passenger volumes increased overall as international demand strengthened while domestic demand remained broadly stable.

What drove Volaris (VLRS) international capacity growth in January 2026?

International ASMs increased 11.2% year-over-year in January 2026, driven by capacity added since mid-2025. According to the company, those routes continued to mature and displayed sequential improvement in VFR demand.

What guidance did Volaris (VLRS) give about capacity management for 2026 after January results?

Volaris said it will remain disciplined deploying capacity to match demand and support profitability through 2026. According to the company, management will adjust network capacity based on evolving demand trends and profitability objectives.