Volaris expects to cut capacity by up to 18% in 2024 as GTF impact hits

Mexican low-cost carrier Volaris expects reduce its full-year capacity in terms of available seat miles (ASM) by between 16-18% in 2024 as it contends with increased inspections of some of the Pratt & Whitney PW1100G geared turbofans (GTFs) powering its Airbus A320neo-family jets. In October Volaris said about 73 aircraft – 51 Airbus A320neos and 22 A321neos – in its 126-strong fleet may be affected by the engine recall over the coming years. Volaris at that time had 16 of the Airbus narrowbodies grounded due to the problem. Volaris has now issued Q1 and full-year guidance for 2024, both of which estimate ASM capacity will be reduced by between 16-18%. By contrast the airline increased capacity nearly 18% in Q1 2023, though this fell to an increase of 10% for the year as a whole. ”For 2024, Volaris remains focused on executing its business plan to serve robust demand in its domestic and international markets and drive profitable growth despite constraints due to accelerated GTF engine preventive inspections,” the airline says.<br/>