Business · Companies · 1 hr ago
Volaris posts $26 million third-quarter loss as fuel costs rise
Mexican low-cost airline Volaris reported a $26 million net loss in the third quarter.
Its revenue rose 32% from a year earlier to $1.038 billion, passing $1 billion for the first time in a quarter.
The airline carried nearly 9 million passengers, up 14.3% year on year, while its available seat capacity grew 11%.
Fuel costs climbed 57%, reaching an average of $4.10 per gallon and adding pressure to expenses.
Operating expenses rose to $1.004 billion from $716 million a year earlier.
Volaris said it made an operating profit and cut its net loss by nearly 80% from the previous quarter, while liquidity remained at $823 million.
The company gave no further next steps in its quarterly update.
Volaris reported a net loss of $26 million in the third quarter, despite a 32% rise in revenue to $1.038 billion.
The airline’s average economic fuel cost rose 57% to $4.10 per gallon.
Operating expenses reached $1.004 billion, up from $716 million a year earlier.
Volaris carried 8.977 million passengers, 14.3% more than in the same period last year.
The airline said it had $823 million in liquidity, nearly unchanged from the previous quarter.
- Who
- Volaris, a low-cost airline.
- What
- It reported a third-quarter net loss of $26 million as fuel costs rose.
- When
- The third quarter; the report was published on October 27, 2026.
- Where
- Not stated.
- Why
- Higher fuel costs contributed to operating expenses rising to $1.004 billion.
This story does not have two clearly opposing sides.
Volaris began the season with a plan that it said it fulfilled.
Volaris reported a $26 million net loss, revenue of $1.038 billion and 8.977 million passengers.
El Universal published its report on Volaris’s third-quarter results.
- Net loss
- $26 million
- Revenue
- $1.038 billion, up 32%
- Average economic fuel cost
- $4.10 per gallon, up 57%
- Operating expenses
- $1.004 billion, compared with $716 million a year earlier
- Passengers
- 8.977 million, up 14.3% year over year
- Fleet
- 154 aircraft, two more than a year earlier
What people are saying
We began the summer high season with a clear plan and delivered on it. Strong demand absorbed the additional capacity, while the expansion of our cross-border network, disciplined capacity allocation and improved fleet productivity reinforced our competitive position.
We achieved positive operating income, a result that was not part of our original outlook, and reduced our net loss by nearly 80% sequentially.