logo
Volaris Reports March 2025 Traffic Results: Load Factor of 84%

Volaris Reports March 2025 Traffic Results: Load Factor of 84%

Yahoo07-04-2025

MEXICO CITY, April 07, 2025 (GLOBE NEWSWIRE) -- 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 March 2025 preliminary traffic results.
In March, Volaris' ASM capacity increased by 10.9% year-over-year, while RPMs for the month grew by 7.8%. Mexican domestic RPMs increased 9.9%, while international RPMs increased 4.6%. As a result, the load factor decreased by 2.4 percentage points year-over-year to 84.4%. During the month, Volaris transported 2.6 million passengers.
Enrique Beltranena, Volaris' President and CEO, said: "March domestic load factor remains stable, indicating our effective approach to capacity management and fare modulation. Meanwhile, international cross-border demand continues to show limited elasticity. Across both domestic and international markets, VFR segments have maintained steady levels. Additionally, the shift of the Easter holiday into April this year contributed to some of the reduced load factors observed. We will continue to monitor forward booking patterns and adjust capacity to match demand accordingly."
Mar 2025
Mar 2024
Variance
YTD Mar 2025
YTD Mar 2024
Variance
RPMs (million, scheduled & charter)
Domestic
1,596
1,452
9.9
%
4,536
4,329
4.8
%
International
964
922
4.6
%
2,926
2,817
3.9
%
Total
2,560
2,374
7.8
%
7,462
7,146
4.4
%
ASMs (million, scheduled & charter)
Domestic
1,786
1,576
13.3
%
5,108
4,768
7.1
%
International
1,248
1,160
7.6
%
3,629
3,449
5.2
%
Total
3,034
2,736
10.9
%
8,737
8,217
6.3
%
Load Factor (%, RPMs/ASMs)
Domestic
89.4
%
92.1
%
(2.8) pp
88.8
%
90.8
%
(2.0) pp
International
77.2
%
79.5
%
(2.2) pp
80.6
%
81.7
%
(1.0) pp
Total
84.4
%
86.8
%
(2.4) pp
85.4
%
87.0
%
(1.6) pp
Passengers (thousand, scheduled & charter)
Domestic
1,932
1,674
15.3
%
5,408
4,985
8.5
%
International
663
636
4.2
%
2,010
1,939
3.7
%
Total
2,595
2,310
12.3
%
7,418
6,924
7.1
%
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. Figures are rounded for convenience purposes.
Glossary
Revenue passenger miles (RPMs): Number of seats booked by passengers multiplied by the number of miles flown.
Available seat miles (ASMs): Number of seats available for passengers multiplied by the number of miles flown.
Load factor: RPMs divided by ASMs and expressed as a percentage.
Passengers: The total number of passengers booked on all flight segments.
Investor Relations ContactRicardo Martínez / ir@volaris.com
Media Contact
Israel Álvarez / ialvarez@gcya.net
About Volaris*Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ('Volaris' or 'the Company') (NYSE: VLRS and BMV: VOLAR) is an ultra-low-cost carrier, with point-to-point operations, serving Mexico, the United States, Central, and South America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since the beginning of operations in March 2006, Volaris has increased its routes from 5 to more than 229 and its fleet from 4 to 146 aircraft. Volaris offers more than 550 daily flight segments on routes that connect 44 cities in Mexico and 29 cities in the United States, Central, and South America, with one of the youngest fleets in Mexico. Volaris targets passengers who are visiting friends and relatives, cost-conscious business and leisure travelers in Mexico, the United States, Central, and South America. Volaris has received the ESR Award for Social Corporate Responsibility for fifteen consecutive years. For more information, please visit ir.volaris.com. Volaris routinely posts information that may be important to investors on its investor relations website. The Company encourages investors and potential investors to consult the Volaris website regularly for important information about Volaris.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

If You Invested $10K In Weyerhaeuser Stock 10 Years Ago, How Much Would You Have Now?
If You Invested $10K In Weyerhaeuser Stock 10 Years Ago, How Much Would You Have Now?

Yahoo

time37 minutes ago

  • Yahoo

If You Invested $10K In Weyerhaeuser Stock 10 Years Ago, How Much Would You Have Now?

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Weyerhaeuser Co. (NYSE:WY) is a real estate investment trust, which owns or controls approximately 11 million acres of timberlands in the U.S. and manages additional timberlands under long-term licenses in Canada. The company's stock traded at approximately $31.85 per share 10 years ago. If you had invested $10,000, you could have bought roughly 314 shares. Currently, shares trade at $25.67, meaning your investment's value could have declined to $8,060 from stock price depreciation. However, Weyerhaeuser also paid dividends during these 10 years. Don't Miss: Invest Where It Hurts — And Help Millions Heal: If there was a new fund backed by Jeff Bezos offering a ? Weyerhaeuser's dividend yield is currently 3.27%. Over the last 10 years, it has paid about $13.15 in dividends per share, which means you could have made $4,128 from dividends alone. Summing up $8,060 and $4,128, we end up with the final value of your investment, which is $12,188. This is how much you could have made if you had invested $10,000 in Weyerhaeuser stock 10 years ago. This means a total return of 21.88%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 237.37%. Weyerhaeuser has a consensus rating of "Buy" and a price target of $35.17 based on the ratings of 13 analysts. The price target implies around 37% potential upside from the current stock price. Trending: With Point, you can On April 24, the company announced its Q1 2025 earnings, posting adjusted EPS of $0.11, beating the consensus estimate of $0.10, and revenues of $1.76 billion, in line with expectations, as reported by Benzinga. "We delivered solid results across each of our businesses in the first quarter," said CEO Devin W. Stockfish. "In addition, we increased our quarterly base dividend for the fourth consecutive year. I'm pleased with the organization's performance, particularly in light of the uncertain macroeconomic backdrop. Turning to our outlook, we are well positioned to navigate a range of market conditions in the near term, and we remain confident about the longer-term demand fundamentals that support our businesses." Given the expected upside potential, growth-focused investors may find Weyerhaeuser stock attractive. Furthermore, they can benefit from the company's solid dividend yield of 3.27%. Check out this article by Benzinga for three more stocks offering high dividend yields. Read Next: Maximize saving for your retirement and cut down on taxes: . , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Image: Shutterstock This article If You Invested $10K In Weyerhaeuser Stock 10 Years Ago, How Much Would You Have Now? originally appeared on Sign in to access your portfolio

Grupo Aeroportuario Del Pacifico Announces Approval Of Maximum Tariffs And Capital Development Program For 2026-2030 For Montego Bay Airport In Jamaica
Grupo Aeroportuario Del Pacifico Announces Approval Of Maximum Tariffs And Capital Development Program For 2026-2030 For Montego Bay Airport In Jamaica

Business Upturn

time5 hours ago

  • Business Upturn

Grupo Aeroportuario Del Pacifico Announces Approval Of Maximum Tariffs And Capital Development Program For 2026-2030 For Montego Bay Airport In Jamaica

By GlobeNewswire Published on June 7, 2025, 08:25 IST GUADALAJARA, Mexico, June 06, 2025 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) ('the Company' or 'GAP') announces the conclusion of the ordinary review process for the maximum tariffs per passenger and committed investments included in the Capital Development Program of Montego Bay for the 2026–2030 period. The maximum passenger charges are expressed in U.S. dollars and will apply to each year as specified in the following table: Airport 2026 2027 2028 2029 2030 Montego Bay 17.38 17.79 18.22 18.65 19.07 The investments approved by the Authority and committed under the Capital Development Program are expressed in millions of U.S. dollars and must be deployed according to the following schedule: Airport 2026 2027 2028 2029 2030 Total Montego Bay 38.4 39.4 18.4 11.6 10.3 118.1 Company Description Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico's Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali, and Los Mochis. In February 2006, GAP's shares were listed on the New York Stock Exchange under the ticker symbol 'PAC' and on the Mexican Stock Exchange under the ticker symbol 'GAP'. In April 2015, GAP acquired 100% of Desarrollo de Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the Norman Manley International Airport operation in Kingston, Jamaica, and took control of the operation in October 2019. This press release may contain forward-looking statements. These statements are statements that are not historical facts and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance, and financial results. The words 'anticipates', 'believes', 'estimates', 'expects', 'plans' and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations, and the factors or trends affecting financial condition, liquidity, or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends, or results will occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and Article 42 of the 'Ley del Mercado de Valores', GAP has implemented a 'whistleblower' program, which allows complainants to anonymously and confidentially report suspected activities that involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is or by email at [email protected]. GAP's Audit Committee will be notified of all complaints for immediate investigation. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

HSBC Upgrades Dr. Reddy's Laboratories Limited (RDY) to Buy from Hold
HSBC Upgrades Dr. Reddy's Laboratories Limited (RDY) to Buy from Hold

Yahoo

time6 hours ago

  • Yahoo

HSBC Upgrades Dr. Reddy's Laboratories Limited (RDY) to Buy from Hold

On June 5, HSBC upgraded Dr. Reddy's Laboratories Limited (NYSE:RDY) from Buy to Hold, raising the price target to INR1,445 from INR1,235, citing an optimistic outlook for the company in terms of earnings potential and solid market standing. A worker at a biopharmaceutical facility packaging an active pharmaceutical ingredient. HSBC's updated estimates for FY2026 to FY2028 take into account the shifting market tide for semaglutide and gRevlimid. The analysts are waiting for semaglutide to be introduced in Canada, Brazil, and India at the beginning of FY2027, which is a greater leap from their prior hypothesis of a launch only in Canada by Q4 of FY2026. The analysts revised their FY2026 sales figures for Dr. Reddy's Laboratories Limited (NYSE:RDY)'s gRevlimid, noting the growing competition. The adjustment includes a 5.1% decrease in the EPS estimate for FY2026, while the EPS forecast for FY2027 and FY2028 grew by 12% to 13%. According to HSBC analysts, the expected surge in semaglutide sales will strengthen Dr. Reddy's earnings. HSBC assigned a new price target for RDY's American Depositary Receipts (ADR) as well, raising it from $14.44 to $16.90. Dr. Reddy's Laboratories Limited (NYSE:RDY) is a global pharma company based in Hyderabad, India, that makes both branded and generic medicines for a wide range of health conditions. The company operates through Global Generics, Pharmaceutical Services and Active Ingredients (PSAI), and Others segments. While we acknowledge the potential of RDY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store