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Volaris Reports Decrease in Load Factor for the Month of March

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Mexican carrier Controladora Vuela Compañía de Aviación (VLRS - Free Report) or Volaris recently reported a year-over-year increase in revenue passenger miles (RPMs: a measure of air traffic) for the month of March.

Volaris reported a 10.9% year-over-year increase in consolidated capacity (measured in available seat miles). The load factor (% of seats filled by passengers) decreased 2.4 percentage points to 84.4% on a consolidated basis. The metric fell as the increase in consolidated traffic (7.8%) was less than the increase in consolidated capacity. During the month, Volaris transported 2.6 million passengers, up 12.3% year over year.

On the domestic front, RPMs (Revenue Per Mile) and ASMs (Available Seat Miles) increased 9.9% and 13.3%, respectively, from March 2024 levels. The domestic load factor in March was 89.4%, a decrease of 2.8 percentage points from year-ago levels. In international markets, RPM increased 4.6% year over year, while ASM rose 7.6% year over year.

Apart from VLRS, other airline companies like Ryanair Holdings (RYAAY - Free Report) have also reported March traffic numbers recently.

At Ryanair, the number of passengers transported by its flights was 15 million in March 2025, reflecting a 10% year-over-year increase. Its traffic in March was higher than the February reading of 12.6 million. The March load factor of 93% remained flat on a year-over-year basis. The figure was higher than the load factor of 92% reported in February 2025.

VLRS’ Zacks Rank

VLRS currently carries a Zacks Rank #4 (Sell).

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