In November 2023, Volaris' ASM capacity decreased by 2.2% year-over-year, while RPMs decreased by 0.2%; the result was a load factor increase of 1.8 pp YoY to 89.8%. Volaris transported 2.7 million passengers during the month, a 0.9% decrease compared to November 2022. Mexican domestic RPMs decreased by 7.9%, while international RPMs increased by 17.6%.
Enrique Beltranena, Volaris' President and CEO, said: "In response to reduced Pratt & Whitney ("P&W") engine availability in November, we reduced domestic ASMs and redeployed capacity to the US market by capitalizing on Category 1 opportunities. This strategic approach successfully aligned with positive demand, consistent with our full-year expectations.
Looking forward, it is noteworthy that we have reached an agreement with P&W that contemplates compensation for each GTF engine removed from our fleet. The agreement will help address fixed costs associated with the engines during inspections"
| Nov 2023 | Nov 2022 | Variance | YTD Nov 2023 | YTD Nov 2022 | Variance | |
| RPMs (million, scheduled & charter) | ||||||
| Domestic | 1,736 | 1,886 | -7.9% | 20,613 | 19,588 | 5.2% |
| International | 967 | 822 | 17.6% | 10,008 | 7,708 | 29.8% |
| Total | 2,703 | 2,707 | -0.2% | 30,620 | 27,296 | 12.2% |
| ASMs (million, scheduled & charter) | ||||||
| Domestic | 1,867 | 2,097 | -11.0% | 23,605 | 22,220 | 6.2% |
| International | 1,143 | 980 | 16.7% | 11,974 | 9,643 | 24.2% |
| Total | 3,011 | 3,077 | -2.2% | 35,579 | 31,862 | 11.7% |
| Load Factor (%, scheduled, RPMs/ASMs) | ||||||
| Domestic | 93.0% | 89.9% | 3.1 pp | 87.3% | 88.2% | (0.8) pp |
| International | 84.5% | 83.9% | 0.7 pp | 83.6% | 79.9% | 3.6 pp |
| Total | 89.8% | 88.0% | 1.8 pp | 86.1% | 85.7% | 0.4 pp |
| Passengers (thousand, scheduled & charter) | ||||||
| Domestic | 2,047 | 2,164 | -5.4% | 23,801 | 22,701 | 4.8% |
| International | 667 | 576 | 15.8% | 6,883 | 5,401 | 27.4% |
| Total | 2,714 | 2,740 | -0.9% | 30,684 | 28,102 | 9.2% |
The information included in this report has not been audited and does not provide information on the Company’s future performance. Volaris’ future performance depends on several factors. It cannot be inferred that any period’s performance or its comparison year over year will indicate a similar performance in the future.