Volaris Reports August 2023 Traffic Results: 14% YoY Demand Growth with an 87% Load Factor

 

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 August 2023 preliminary traffic results.

In August 2023, Volaris’ capacity (measured in ASMs) increased by 11.4% year-over-year, while demand (measured in RPMs) increased by 14.3%; the result was a load factor increase of 2.3 pp YoY to 87.2%. Volaris transported 3.1 million passengers during the month, a 12.9% increase compared to August 2022. Demand in the Mexican domestic and international markets increased by 8.9% and 28.0%, respectively.

Enrique Beltranena, Volaris’ President and CEO, said: “In August 2023, Volaris carried its greatest number of passengers in a single month. Our strategic adjustments to the domestic network have yielded positive results, particularly in RPMs. Looking forward, the demand in all our markets remains robust. Additionally, our international markets continue to exhibit notable strength.”

Tags: Enrique Beltranena, Volaris