- Total passenger count increased by 4.2% to 2.5 million in May 2025.
- Overall capacity (ASMs) expanded by 9.0% year-over-year.
- The load factor declined by 4.3 percentage points to 81.8%.
Volaris (VLRS, Financial) released its May 2025 traffic results, presenting a mixed picture with notable increases in capacity but a decline in load factor. The airline's available seat miles (ASMs) surged by 9.0% compared to the previous year, signifying network expansion. Meanwhile, the revenue passenger miles (RPMs) only grew by 3.5%, resulting in a decrease in the overall load factor by 4.3 percentage points, down to 81.8%.
On the domestic front, Volaris recorded a 5.7% increase in RPMs, underscoring strong demand within Mexico. However, international RPMs were stagnant, with a slight reduction of 0.2%. This discrepancy led to a significant decline in international load factor, which fell by 5.2 percentage points to 74.7%.
Despite these challenges, Volaris transported 2.5 million passengers in May, marking a 4.2% rise from the previous year. CEO Enrique Beltranena emphasized a strategic pivot towards maximizing unit revenue through prioritizing higher-yield close-in fares instead of focusing solely on load factors. This strategy aims to align capacity growth with customer demand and optimize revenue performance.
The management remains optimistic about future booking trends as the airline approaches the high summer season, indicating a promising outlook for potential revenue improvements.