Volaris Reports November 2025 Traffic Results: Load Factor of 85%

Rhea-AI Summary

Volaris (NYSE: VLRS) reported preliminary November 2025 traffic results on Dec 4, 2025. ASMs rose 5.8% year-over-year while RPMs grew 3.9%, producing a consolidated load factor of 85.3% (down 1.5 percentage points). Volaris carried 2.7 million passengers in November.

Domestic RPMs were up 0.6% and domestic ASMs rose 3.4% for a domestic load factor of 89.6%. International RPMs increased 9.2% with international ASMs up 9.2% and an international load factor of 79.6%. Year-to-date through November, total RPMs were 27,542 million (+3.0%) and ASMs were 32,657 million (+5.9%).

Insights

Airline traffic analyst

Volaris posted mixed November operational metrics: higher capacity and traffic but a slight load-factor decline to 85.3%.

Consolidated ASMs rose 5.8% while RPMs climbed 3.9%, producing a year-over-year load-factor decline of 1.5% to 85.3%. Domestic RPMs edged up 0.6% on a 3.4% ASM increase, which lowered domestic load factor by 2.4% points; international RPMs grew 9.2% alongside matching ASM growth, keeping international load factor roughly flat at 79.6%. Passenger counts increased 5.0% to 2.7 million in the month, showing demand expansion despite the load-factor mix.

Key dependencies and risks include the pace of aligning capacity to demand and sustaining cross-border recovery. The capacity uptick outpaced RPMs, causing the load-factor dip; if capacity management tightens, unit revenue pressure could ease, but if demand softens, the trend could worsen. Watch monthly ASM vs RPM trends, domestic load-factor recovery, and international yields over the next two quarters (Q1 2026) as indicators of whether demand will absorb planned growth.

MEXICO CITY, Dec. 04, 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 November 2025 preliminary traffic results.

In November, Volaris’ ASM capacity increased 5.8%, while RPMs for the month grew 3.9%. Mexican domestic RPMs increased 0.6%, while international RPMs rose 9.2%. Consolidated load factor decreased by 1.5 percentage points year-over-year to 85.3%. During the month, Volaris transported 2.7 million passengers.

Enrique Beltranena, Volaris’ President and CEO, said: “November performance reflected continued sequential improvement in cross-border traffic, along with consistent and stable domestic demand. Travel sentiment, especially in the cross-border market, continues to recover — a clear validation that our strategy is working. These trends position Volaris well for 2026 and beyond and support a favorable outlook as we close the year, in line with our expectations. As we transition into 2026, Volaris will remain disciplined in managing capacity and aligning growth with market demand.”

	Nov 2025	Nov 2024	Variance		YTD Nov 2025	YTD Nov 2024	Variance
RPMs(million, scheduled & charter)
Domestic	1,564	1,554	0.6%		16,937	16,503	2.6%
International	1,052	963	9.2%		10,605	10,232	3.6%
Total	2,616	2,518	3.9%		27,542	26,735	3.0%
ASMs(million, scheduled & charter)
Domestic	1,744	1,688	3.4%		19,035	18,210	4.5%
International	1,323	1,212	9.2%		13,622	12,619	7.9%
Total	3,067	2,899	5.8%		32,657	30,829	5.9%
Load Factor(%, RPMs/ASMs)
Domestic	89.6%	92.1%	(2.4) pp		89.0%	90.6%	(1.6) pp
International	79.6%	79.5%	0.1 pp		77.9%	81.1%	(3.2) pp
Total	85.3%	86.8%	(1.5) pp		84.3%	86.7%	(2.4) pp
Passengers(thousand, scheduled & charter)
Domestic	1,944	1,882	3.3%		20,706	19,721	5.0%
International	733	668	9.7%		7,327	6,991	4.8%
Total	2,677	2,550	5.0%		28,034	26,712	4.9%

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
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 222 and its fleet from 4 to 154 aircraft. Volaris offers around 500 daily flight segments on routes that connect 44 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

What were Volaris (VLRS) November 2025 ASMs and how did they change year-over-year?

Volaris reported total ASMs of 3,067 million in Nov 2025, up 5.8% year-over-year.

What was Volaris (VLRS) consolidated load factor for November 2025 and the year-over-year change?

Consolidated load factor was 85.3% in November 2025, down 1.5 percentage points versus November 2024.

How many passengers did Volaris (VLRS) carry in November 2025 and the percentage change?

Volaris carried 2.7 million passengers in November 2025, a 5.0% increase year-over-year.

How did Volaris (VLRS) international RPMs perform in November 2025?

International RPMs rose 9.2% year-over-year in November 2025 with international ASMs also up 9.2%.

What is Volaris (VLRS) management's outlook after the November 2025 traffic results?

Management said cross-border traffic showed sequential improvement and they will remain disciplined in managing capacity into 2026 to align growth with demand.

Where can investors find Volaris (VLRS) traffic definitions and contacts for Nov 2025 results?

The report defines RPMs, ASMs, load factor and lists investor relations contact ir@volaris.com and media contact rflores@gcya.net.