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Stock impact report

Volaris Reports May 2024 Traffic Results: 86% Load Factor

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. American Depositary Shares, each representing ten (10) Ordinary Participation Certificates (VLRS) 
Last controladora vuela compania de aviacion, s.a.b. de c.v. american depositary shares, each representing ten (10) ordinary participation certificates earnings: 4/23 07:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.volaris.com/english/home/default.aspx
Company Research Source: GlobeNewswire
MEXICO CITY, June 06, 2024 (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 May 2024 preliminary traffic results. In May 2024, Volaris' ASM capacity decreased by 17.5% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings. However, load factor increased by 1.6 pp YoY to 86.1%, as RPMs decreased by less than capacity. Mexican domestic RPMs decreased by 22.0%, while international RPMs decreased by 3.6%. Volaris transported 2.4 million passengers during the month. Enrique Beltranena, Volaris’ President, and CEO said: “Despite limitations in capacity growth due to fleet availability, we have successfully increased capacity in the U.S.-Mexico transborder market while optimizing our entire network. The international market now r Show less Read more
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