03:33 AM EDT, 04/04/2024 (MT Newswires) -- Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (Volaris) (VLRS) reported late Wednesday a 15% drop in passenger demand in March on a capacity decrease of 16%.

For the month of March, passenger demand, measured as revenue passenger miles, fell to 2.4 million; capacity, measured as available seat miles, decreased to 2.7 million; while load factor increased 1.3 percentage points to 86.8%, the budget carrier said.

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