ASUR Reports Passenger Decline While Volaris Sees Growth

Cancún, Mexico — Grupo Aeroportuario del Sureste (ASUR) reported a drop in passenger traffic for the first quarter of 2025, while low-cost airline Volaris experienced significant growth. Both companies released their passenger traffic results separately in reports filed with the Mexican Stock Exchange on April 8, 2025.

ASUR, led by Adolfo Castro Rivas, stated that from January to March 2025, passenger traffic totaled 10,945,137, a decline of 4.8% compared to 11,496,410 during the same period last year.

The data revealed that domestic traffic decreased slightly from 4,615,085 in 2024 to 4,580,894 in 2025, representing a 0.7% drop. Meanwhile, international traffic fell from 6,881,325 passengers last year to 6,364,653 this year, a decline of 7.5%.

In March alone, ASUR reported a 3.0% decrease, with passenger numbers dropping from 4,024,853 in March 2024 to 3,902,720 in March 2025. The Cancún International Airport experienced a steep decline of 4.4% compared to March 2024, leading to an overall drop of 6.2% in the first quarter.

Grupo Financiero Monex attributed this downturn primarily to weak performance at the Cancún and Cozumel complex, especially following the new airport terminal’s opening in Tulum, which introduced increased competition.

In contrast, Volaris reported a 7.1% rise in passenger traffic for the first quarter. The airline grew from 6,924,000 passengers in the same period last year to 7,418,000 in 2025. The report indicated that domestic traffic rose by 8.5%, while international traffic increased by 3.7% during the first quarter.

“In March, load factors in the domestic market remained stable, reflecting efficient capacity management and proper fare modulation,” said Enrique Beltranena, CEO of Volaris. “International cross-border demand continues to show limited elasticity. Both domestic and international markets have seen consistent VFR (visiting friends and relatives) segments.”

Beltranena noted that the Easter break shift to April this year contributed to the slight reduction observed in load factors. “We will continue to monitor reservation patterns and adjust our capacity according to demand,” he added.

Grupo Financiero Monex further commented on Volaris’s performance, highlighting that despite undergoing maintenance inspections on its GTF engine aircraft, the airline’s operational effect remained favorable. An efficient reassignment of routes in the international segment also contributed positively.

Looking ahead, the financial group plans to keep an eye on domestic passenger traffic trends, oil price behaviors, and the overall economic performance both locally and internationally as they approach 2025.