Reported Earlier, Volaris Reports May 2024 Traffic Results: ASM Capacity Declined 17.5% YoY, RPMs Down 15.9% And Load Factor 86.1%
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Volaris reported a 17.5% YoY decline in ASM capacity and a 15.9% decrease in RPMs for May 2024, primarily due to Pratt & Whitney engine inspections and aircraft groundings. Despite this, the load factor increased to 86.1%.
June 07, 2024 | 7:05 am
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Volaris experienced a significant decline in ASM capacity and RPMs in May 2024 due to Pratt & Whitney engine inspections and aircraft groundings. However, the load factor improved to 86.1%.
The significant decline in ASM capacity and RPMs is likely to negatively impact Volaris' revenue and stock price in the short term. However, the increase in load factor is a positive sign, indicating better utilization of available capacity.
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IMPORTANCE 80
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