Volaris, a key ultra-low-cost carrier across Mexico, the United States, Central, and South America, reported strong demand for October 2024. The airline achieved an 87% load factor on its routes, showing high occupancy across its markets.
Pratt & Whitney engine inspections reduced Volaris’ October ASM capacity by 6.8% from last year. However, inspected aircraft returned to service, softening the impact of engine inspections. Volaris responded to demand by carrying about 2.5 million passengers, though the load factor dipped compared to last year.
Domestic routes experienced a 14.4% drop in Revenue Passenger Miles (RPM), driven by reduced capacity in Mexico. International routes showed resilience, with a 1.5% rise in RPMs, demonstrating growth outside Mexico. In 2023, Volaris had faced similar inspection impacts, which temporarily reduced its fleet. As more inspected engines return, Volaris aims to expand capacity to maintain high occupancy rates.
Demand in Volaris’ key markets stayed strong, with October data reflecting steady bookings. With the holiday season approaching, Volaris expects stable growth by focusing on profitable routes to meet demand effectively. October results show this strategy aligns well with Volaris’ goals of balancing demand and managing costs. These steps help Volaris meet strong travel demand while navigating fleet limitations.
Volaris’ strategy to meet demand while managing costs supports its path to growth. As operations stabilize, Volaris expects high load factors, promoting profitability and resilience in a competitive airline market.
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