Volaris: January ASM capacity increased by 4.7% y/y, RPMs grew by 2.9%

Volaris (VLRS) reports its January 2025 preliminary traffic results. In January, Volaris’ ASM capacity increased by 4.7% year-over-year, while RPMs for the month grew by 2.9%. Mexican domestic RPMs rose 0.9%, while international RPMs increased by 5.9%. As a result, the load factor decreased by 1.5 percentage points year-over-year to 86.6%. During the month, Volaris transported 2.6 million passengers. Enrique Beltranena, Volaris’ President and CEO, said: “In the second half of January, we observed some softness in VFR traffic to the U.S. that we believe is influenced by geopolitical uncertainty. To manage this, we adjusted base fares to stimulate demand and deliver healthy load factors. It is our expectation this is a temporary market condition, but we will continue to monitor demand patterns closely and will adjust the network accordingly. For the full year 2025, Volaris currently plans to grow total ASMs by 13% to 15% as compared to 2024, with this expansion evenly distributed across the network. Despite this year-over-year growth, our overall capacity will be relatively flat as compared to 2023 as we recover from the Pratt & Whitney engine-related AOGs; with domestic capacity in Mexico around 11% below 2023 levels, proportional to expected demand, and international capacity, where demand has been strong, up approximately 20% as compared to 2023.”