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0.000124672734072945 4.15575780243149E-05 4.15575780243149E-05 0.000872709138511322 -0.000290903046170559 -0.00128828491875506 -0.000457133358267937 -0.000540248514316685
Stock impact report

Volaris Reports October 2024 Traffic Results: Strong Demand Across Our Markets, Load Factor of 87% [Yahoo! Finance Canada]

RTX Corporation (RTX) 
In October, Volaris' ASM capacity decreased by 6.8% year-over-year due to the Pratt & Whitney engine inspections offset by fewer aircraft groundings following the return of the initial batch of inspected engines. Volaris transported 2.5 million passengers during the month with a load factor of 87.4%, a 2.1 pp decrease from last year. RPMs for the month declined by 9.0%, with Mexican domestic RPMs down 14.4% and international RPMs up 1.5%. When comparing year-over-year RPMs and load factor results it is useful to note that our 2023 figures were impacted by the accelerating engine inspections. Last year, we had to reduce operations as engines temporarily left our fleet; today, we are gradually adding capacity as engines and aircraft return. Enrique Beltranena, Volaris' President and CEO, said : “In line with the main message from our earnings call – sustained profitability driven by prudent capacity recovery and aggressive cost management – October figures are tracking well, showing Show less Read more
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