Volaris reported a net income of $6 million for the third quarter of 2025, dropping 83.8% compared to the same period last year.
Total operating revenues dropped 3.6% to $784 million, while total operating expenses climbed 4.2% to $716 million. As a result, operating income fell 46% to $68 million.
While passenger numbers climbed 3.2%, capacity was up 4.6% and load factor fell 3 percentage points to 84.4%.
Volaris CEO and president Enrique Beltranena said the airline's recovery in the second half is “unfolding as expected”, supported by “stable” domestic demand.
He said: "As we close the year, forward bookings and holiday demand trends are building momentum, paving the way for a solid start to 2026. Volaris will continue to control growth with discipline, efficiently reintegrating aircraft returning from engine inspections, and maintaining capacity aligned with market demand to ensure every aircraft we fly contributes to sustained profitability.”
For the fourth quarter, the company expects capacity to grow around 8% with it expecting to receive some aircraft that were grounded as a result of the GTF engine inspections. Unit costs, excluding fuel, are expected to be 5.75 cents, with TRASM expected to be 9.30 cents.
The company's net debt to EBITDAR climbed from 2.7x to 3.1x as of the end of September.