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 December 2023 preliminary traffic results.
In December 2023, Volaris’ ASM capacity decreased by 3.1% year-over-year, while RPMs decreased by 2.3%; the result was a load factor increase of 0.7 pp YoY to 85.4%. Volaris transported 2.8 million passengers during the month, a 4.6% decrease compared to December 2022. Mexican domestic RPMs decreased by 11.1%, while international RPMs increased by 18.4%.
Enrique Beltranena, Volaris’ President and CEO said: «Our December traffic results reinforced our confidence in the resilience of our network and the strength of our business plan for 2024. We are pleased with the demand we experienced during the holiday high season, which, along with the changes we have implemented to our network, helped us achieve high-single-digit year-over-year total unit revenue growth. Equally important, our booking curve gives us confidence that this trend will be sustained in the first quarter».
