Volaris reports August load factor of 85%

In August, Volaris (VLRS)’ ASM capacity increased 4.7%, while RPMs for the month rose 1.9%. Mexican domestic RPMs declined 0.9%, while international RPMs increased 6.6%. Consolidated load factor decreased by 2.3 percentage points year-over-year to 84.7%. During the month, Volaris transported 2.7 million passengers. Enrique Beltranena, Volaris’ President and CEO, said: “The third quarter is unfolding in line with our expectations. In August, our domestic load factor reflected a healthy balance between market supply and demand. Internationally, we continued to tactically focus on supporting unit revenues by maximizing base fares and ancillaries. Our results also reflect a successful year-over-year restoration of ASMs, including the recent capacity additions introduced since July, which are expected to yield continued growth throughout the rest of the year in both the U.S. and Central America. Overall, we are encouraged by ongoing positive trends in demand, which reinforce our confidence in the flexibility of our network and the enduring strength of our markets.”