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Volaris Reports September 2026 Traffic Results: Load Factor of 84%

International passenger traffic grew 14.2% in September, while domestic traffic declined 3.8% year over year.

(Neutral)

Sentiment and the balance of points

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Volaris (VLRS) reported preliminary September 2026 traffic results, with its consolidated load factor rising year over year to 84.4%.

Load factor, the share of available seat miles used by passengers, increased 1.0 percentage point. Passenger traffic measured in revenue passenger miles rose 3.1%, while capacity measured in available seat miles grew 1.9%. International traffic increased 14.2%, but domestic traffic fell 3.8%. Passengers increased 4.2% to 2.475 million.

Third-quarter capacity grew 11.1%, and load factor rose 1.3 percentage points to 85.7%. Volaris said September capacity was down 22% from the summer high season, supporting load factors and unit revenues amid elevated fuel conditions. Through September, passenger traffic grew 6.6%, capacity increased 5.2%, and passengers rose 8.7% to 24.791 million; consolidated load factor reached 85.2%, up 1.1 percentage points.

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17 points · 0 major

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Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

0 major · 5 points

How the balance works

Positive

  • Moderate pointSeptember consolidated load factor rose 1.0 percentage point to 84.4% year over year.
  • Moderate pointSeptember passenger traffic rose 3.1% year over year, exceeding capacity growth of 1.9%.
  • Moderate pointSeptember passengers increased 4.2% to 2.475 million year over year.
  • Moderate pointThird-quarter capacity increased 11.1%, with domestic growth of 11.0% and international growth of 11.2%.
  • Moderate pointThird-quarter consolidated load factor increased 1.3 percentage points to 85.7%.
  • Moderate pointYear-to-date passenger traffic increased 6.6% through September versus the same 2025 period.
  • Moderate pointYear-to-date capacity increased 5.2% through September versus the same 2025 period.
  • Moderate pointYear-to-date consolidated load factor rose 1.1 percentage points to 85.2% versus January–September 2025.
  • Moderate pointYear-to-date passengers increased 8.7% to 24.791 million versus January–September 2025.
8 minor points
  • Minor pointSeptember international passenger traffic increased 14.2% year over year.
  • Minor pointSeptember international capacity increased 8.8% year over year.
  • Minor pointSeptember international load factor rose 3.8 percentage points to 79.8% year over year.
  • Minor pointSeptember domestic passengers increased 1.4%; international passengers increased 12.2% year over year.
  • Minor pointYear-to-date domestic passenger traffic grew 1.8%; international traffic grew 14.4% versus January–September 2025.
  • Minor pointYear-to-date domestic capacity grew 1.9%; international capacity grew 9.9% versus January–September 2025.
  • Minor pointYear-to-date international load factor rose 3.2 percentage points to 80.7% versus January–September 2025.
  • Minor pointYear-to-date domestic passengers grew 7.0%; international passengers grew 13.6% versus January–September 2025.

Negative

  • Minor pointSeptember domestic passenger traffic declined 3.8% year over year.
  • Minor pointSeptember domestic capacity decreased 3.2% year over year.
  • Minor pointSeptember domestic load factor fell 0.6 percentage point to 88.2% year over year.
  • Minor pointYear-to-date domestic load factor fell 0.1 percentage point to 88.6% versus January–September 2025.
  • Minor pointVolaris described an elevated fuel environment during September.

Key Figures

September ASM capacity: increased 1.9% September RPMs: grew 3.1% Domestic RPMs: decreased 3.8% +4 more
September ASM capacity
increased 1.9%
September 2026
September RPMs
grew 3.1%
September 2026
Domestic RPMs
decreased 3.8%
September 2026
International RPMs
increased 14.2%
September 2026
Consolidated load factor
84.4%, up 1.0 percentage points
September 2026 year over year
ASM capacity
increased 11.1%
Third quarter
Consolidated load factor
85.7%, up 1.3 percentage points
Third quarter

Historical Context

2 past events · Latest: Sep 03
2 events
  1. Sep 03

    Traffic results

    24h Move
    +0.8%

    RPMs and passengers grew year over year, while consolidated load factor edged lower.

  2. Aug 05

    Traffic results

    24h Move
    +0.8%

    Double-digit ASM and RPM growth accompanied a higher consolidated load factor.

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

Key Terms

ultra-low-cost carrier, revenue passenger miles, available seat miles, load factor
4 terms
ultra-low-cost carrier technical
"the ultra-low-cost carrier (ULCC) serving Mexico"
An ultra-low-cost carrier is an airline that offers very inexpensive ticket prices by minimizing additional services and cutting costs wherever possible. This business model appeals to budget-conscious travelers and can influence the airline industry’s competitiveness and profitability, making it an important consideration for investors monitoring market trends and consumer preferences.
revenue passenger miles technical
"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"
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, Oct. 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 September 2026 preliminary traffic results.

In September, Volaris’ ASM capacity increased 1.9%, while RPMs for the month grew 3.1%. Mexican domestic RPMs decreased by 3.8%, while international RPMs increased 14.2%. Consolidated load factor increased 1.0 percentage points year-over-year to 84.4%. During the month, Volaris transported 2.5 million passengers.

For the third quarter, Volaris’ ASM capacity increased 11.1%, with Mexican domestic capacity increasing 11.0% and international capacity increasing 11.2%. Consolidated load factor increased by 1.3 percentage points to 85.7%.

Enrique Beltranena, Volaris’ President and CEO, said: “September marked the end of a third quarter in which we executed diligently against our plan. As anticipated, we meaningfully moderated capacity growth during the month, down 22% from the summer high season. Our disciplined approach supported both load factors and unit revenues in an elevated fuel environment, with both markets performing at the upper end of their historical ranges for the month.”

 September
2026
September
2025
VarianceYTD
September
2026
YTD
September
2025
Variance
RPMs (million, scheduled & charter)      
Domestic1,366  
1,420  
(3.8%)  
14,097  
13,853  
1.8%  
International1,010  
884  
14.2%  
9,813  
8,581  
14.4%  
Total2,375  
2,304  
3.1%  
23,910  
22,434  
6.6%  
ASMs (million, scheduled & charter)       
Domestic1,548  
1,599  
(3.2%)  
15,910  
15,621  
1.9%  
International1,266  
1,163  
8.8%  
12,160  
11,069  
9.9%  
Total2,814  
2,762  
1.9%  
28,071  
26,689  
5.2%  
Load Factor (%, RPMs/ASMs)      
Domestic88.2%  
88.8%  
(0.6) pp  88.6%  
88.7%  
(0.1) pp  
International79.8%  
76.0%  
3.8 pp  80.7%  
77.5%  
3.2 pp  
Total84.4%  
83.4%  
1.0 pp  85.2%  
84.1%  
1.1 pp  
Passengers (thousand, scheduled & charter)      
Domestic1,786  
1,762  
1.4%  
18,071  
16,889  
7.0%  
International689  
614  
12.2%  
6,720  
5,916  
13.6%  
Total2,475  
2,376  
4.2%  
24,791  
22,804  
8.7%  
 

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 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.

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 246 and its fleet from 4 to 154 aircraft. Volaris offers around 500 daily flight segments on routes that connect 46 cities in Mexico and 34 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 was Volaris' September 2026 load factor?

Volaris' consolidated September 2026 load factor was 84.4%, up 1.0 percentage point from September 2025. Domestic load factor was 88.2%, while international load factor was 79.8%.

How many passengers did Volaris carry in September 2026?

Volaris reported 2.475 million passengers in September 2026, up 4.2% year over year. The total included 1.786 million domestic passengers and 689,000 international passengers on scheduled and charter services.

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