Volaris posts Q3 2026 revenue above $1 billion but a $26 million loss

Volaris reported third‑quarter 2026 operating revenue of $1.038 billion, up 32% year‑over‑year, while net loss widened to $26 million. EBITDAR was $263 million, yielding a 25.3% margin that beat the company’s 22% target. The airline credited the results to a strong push into the U.S.–Mexico transborder market and cost‑control measures, and it announced a proposed airline‑group formation with Viva pending regulator sign‑off.

The company’s guidance for Q4 2026 includes 4% ASM growth and a 20% EBITDAR margin, suggesting continued margin expansion (the company expects). The proposed group with Viva could create a larger network, potentially improving market share and pricing power if approved (the company announced).

  • 1Total operating revenues were $1,038 million, a 32.4% increase from the prior year quarter.
  • 2Net loss was $26 million, or a loss of 23 cents per ADS.
  • 3EBITDAR was $263 million, producing a 25.3% margin, above the company’s 22% target.
  • 4TRASM rose 19% to 10.31 cents per seat mile.
  • 5Available seat miles grew 11% to 10.1 billion.
  • 6The airline announced a proposed airline‑group formation with Viva, subject to regulatory approval.

Sources