Latest news with #Volaris
Yahoo
a day ago
- Business
- Yahoo
Volaris Reports Decrease in Consolidated Load Factor for May
Mexican carrier Controladora Vuela Compañía de Aviación VLRS, or Volaris, recently reported a year-over-year increase in revenue passenger miles (RPMs: a measure of air traffic) for May. Volaris reported a 9% year-over-year increase in consolidated capacity (measured in available seat miles). The load factor (% of seats filled by passengers) decreased 4.3 percentage points to 81.8% on a consolidated basis. The metric fell as the increase in consolidated traffic (3.5%) was less than the increase in consolidated capacity. During May, Volaris transported 2.5 million passengers, up 4.2% year over year. On the domestic front, RPMs and ASMs (Available Seat Miles) increased 5.7% and 10.4%, respectively, from the May 2024 levels. The domestic load factor in May was 86.5%, a decrease of 3.8 percentage points from the year-ago levels. In international markets, RPM decreased 0.2% year over year, while ASM rose 6.8% year over year. The international load factor decreased by 5.2 percentage points on a year-over-year basis to 74.7%. Apart from VLRS, other airline companies like Ryanair Holdings RYAAY have also reported May traffic numbers. Ryanair reported solid traffic numbers for May 2025, driven by upbeat air travel demand. The number of passengers transported on Ryanair flights was 18.9 million in May 2025, reflecting a 4% year-over-year increase. The May load factor (percentage of seats filled by passengers) of 95% was higher than the year-ago reading of 94%, reflecting consistent passenger demand for the airline's services. VLRS currently carries a Zacks Rank #3 (Hold). Investors interested in the Transportation sector may consider Copa Holdings CPA. CPA, based in Panama City, Panama, is gaining from upbeat passenger volumes. Driven by the buoyant air travel demand scenario, RPMs increased 10.1% year over year in the first quarter of 2025. Despite uncertainties, traffic growth has remained intact at Copa Holdings. With passenger volumes likely to remain strong, we anticipate passenger revenues to increase 4% in 2025 on a year-over-year basis. CPA currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. CPA has an expected earnings growth rate of 14.3% for the current year. The company has an impressive earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 5.5%. Shares of CPA have risen 24.2% year to date. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ryanair Holdings PLC (RYAAY) : Free Stock Analysis Report Copa Holdings, S.A. (CPA) : Free Stock Analysis Report Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Insider
3 days ago
- Business
- Business Insider
Volaris reports May load factor of 82%
Controladora Vuela Compania de Aviacion reports its May 2025 preliminary traffic results. In May, Volaris (VLRS)' ASM capacity increased by 9.0% year-over-year, while RPMs for the month grew by 3.5%. Mexican domestic RPMs increased 5.7%, while international RPMs were effectively flat. As a result, the load factor decreased by 4.3 percentage points year-over-year to 81.8%. During the month, Volaris transported 2.5 million passengers. Enrique Beltranena, Volaris' President and CEO, said: 'May's capacity growth aligns with the adjustments outlined during our earnings call, allowing us to better match customer demand. Tactically, our commercial team has focused its efforts to maximize unit revenue performance by prioritizing close-in fares over load factors. As we move through the second quarter, we remain aligned with our guidance for the quarter and are seeing encouraging booking trends heading into the summer high season.' Confident Investing Starts Here:
Yahoo
5 days ago
- Business
- Yahoo
Allegiant's April 2025 Traffic Numbers Improve Year Over Year
Allegiant Travel Company ALGT recently reported encouraging traffic numbers for April 2025. Scheduled traffic (measured in revenue passenger miles) rose 17.4% from the April 2024 levels. Capacity (measured in available seat miles) for scheduled service rose 20.5% year over year. Although traffic improved on a year-over-year basis, it failed to outpace capacity expansion. As a result, the load factor (percentage of seats filled by passengers) in April 2025 declined to 80.3% from 82.4% a year ago. Total departures (scheduled services) rose 18.4% in April 2025 from a year ago. Moreover, the company's average stage length (miles) grew 2.5% year over year. For the total system (including scheduled service and fixed-fee contracts), Allegiant carried 14.9% more passengers in April 2025 than the year-ago levels. System-wide capacity improved 20.8% in April 2025 on a year-over-year basis. The fuel price per gallon in April 2025 is estimated to have been $2.51. Apart from ALGT, other airline companies like Ryanair Holdings RYAAY, Controladora Vuela Compañía de Aviación VLRS and LATAM Airlines Group LTM have also reported April traffic numbers. Ryanair reported solid traffic numbers for April 2025, driven by upbeat air travel demand. The number of passengers transported on Ryanair flights was 18.3 million in April 2025, reflecting a 6% year-over-year increase. The April load factor (percentage of seats filled by passengers) of 93% was higher than the year-ago reading of 92%, reflecting consistent passenger demand for the airline's services. Mexican carrier VLRS, or Volaris, recently reported a year-over-year increase in revenue passenger miles (RPMs: a measure of air traffic) for April. Volaris reported a 16.9% year-over-year increase in consolidated capacity (measured in available seat miles). The load factor (% of seats filled by passengers) decreased 3.1 percentage points to 81.6% on a consolidated basis. The metric fell as the increase in consolidated traffic (12.7%) was less than the increase in consolidated capacity. During the month, Volaris transported 2.6 million passengers, up 14.8% year over year. LTM reported a year-over-year increase in revenue passenger-kilometers (RPK: a measure of air traffic) for April 2025. LATAM Airlines reported a 6.9% year-over-year increase in consolidated capacity, measured in available seat-kilometers. LTM's consolidated traffic, measured in RPK, increased 9.9% year over year. As traffic outpaced capacity expansion, the consolidated load factor — the percentage of seats filled by passengers — rose 2.3 percentage points from April 2024 to 83.4% in April 2025, maintaining healthy load factors across all business segments. ALGT currently carries a Zacks Rank #5 (Strong Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ryanair Holdings PLC (RYAAY) : Free Stock Analysis Report Allegiant Travel Company (ALGT) : Free Stock Analysis Report LATAM Airlines Group S.A. (LTM) : Free Stock Analysis Report Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Axios
19-05-2025
- Business
- Axios
Charlotte's airport to add direct flight to Abu Dhabi in 2026
Etihad Airways will start flying out of Charlotte Douglas International Airport May 4, 2026 to Abu Dhabi. Why it matters: The roughly 15-hour direct flight will be Charlotte's longest route and the first to the Middle East. What to expect: The airline will offer four weekly flights on Mondays, Wednesdays, Fridays and Sundays on a 303-seat Boeing 787-9 Dreamliner. This will be CLT's first scheduled Boeing 787-9 aircraft. The plane will have business and economy seating. Prices start around $1,500. Between the lines: This will be Charlotte's fourth international carrier and Etihad's sixth U.S. destination. Sun Country Airlines was the last airline to join CLT's roster in 2022. Volaris was the last international airline to add service out of CLT in 2018. American Airlines remains the dominant carrier at CLT, but adding Etihad gives travelers more options. By the numbers: CLT saw record passenger traffic in 2024 with 58.8 million people flying into or out of the airport. Current carriers at CLT are: Air Canada American Contour Delta Frontier Lufthansa Southwest Spirit Sun Country United Vacation Express Viva Aerobus Volaris
Yahoo
14-05-2025
- Business
- Yahoo
Volaris Reports Decrease in Consolidated Load Factor for April
Mexican carrier Controladora Vuela Compañía de Aviación VLRS, or Volaris, recently reported a year-over-year increase in revenue passenger miles (RPMs: a measure of air traffic) for April. Volaris reported a 16.9% year-over-year increase in consolidated capacity (measured in available seat miles). The load factor (% of seats filled by passengers) decreased 3.1 percentage points to 81.6% on a consolidated basis. The metric fell as the increase in consolidated traffic (12.7%) was less than the increase in consolidated capacity. During the month, Volaris transported 2.6 million passengers, up 14.8% year over year. On the domestic front, RPMs (Revenue Passenger Mile) and ASMs (Available Seat Miles) increased 12.9% and 17.1%, respectively, from the April 2024 levels. The domestic load factor in April was 86.9%, a decrease of 3.2 percentage points from the year-ago levels. In international markets, RPM increased 12.2% year over year, while ASM rose 16.7% year over year. Apart from VLRS, other airline companies like Ryanair Holdings RYAAY have also recently reported April traffic numbers. Ryanair reported solid traffic numbers for April 2025, driven by upbeat air travel demand. The number of passengers transported on Ryanair flights was 18.3 million in April 2025, reflecting a 6% year-over-year increase. The April load factor (percentage of seats filled by passengers) of 93% was higher than the year-ago reading of 92%, reflecting consistent passenger demand for the airline's services. VLRS currently carries a Zacks Rank #4 (Sell). Investors interested in the Transportation sector may consider Copa Holdings CPA. CPA currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. CPA has an expected earnings growth rate of 11.4% for the current year. The company has an impressive earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 5.5%. Shares of CPA have risen 12.8% year to date. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ryanair Holdings PLC (RYAAY) : Free Stock Analysis Report Copa Holdings, S.A. (CPA) : Free Stock Analysis Report Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
