Controladora Vuela Compania De Aviacion Sab De Cv Class A · BMV:VOLAR/A
Controladora Vuela Compania De Aviacion Sab De Cv Class A — Q4 2025 Earnings Presentation
14 slides from Controladora Vuela Compania De Aviacion Sab De Cv Class A's earnings presentation, Feb 25, 2026
Slide 1: 4Q’25 Results
4Q’25 Results February 2026 7 volaris VLRS _y LISTED ae NYSE Voir
Slide 2: Disclaimer
Disclaimer This presentation was prepared by Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (d/b/a Volaris, the "Company") with the purpose of providing interested parties certain financial and other information about the Company. This presentation is solely for discussion purposes and high
Slide 3: Enrique Beltranena, Chief Executive Officer
Enrique Beltranena Chief Executive Officer
Slide 4: Disciplined growth. Guidance delivered.
Disciplined growth. Guidance delivered. ▪ Moderated ASM growth to 6.3% (from mid-teens original plan), protecting profitability Full Year ▪ Delivered 32.5% EBITDAR margin, in line with guidance 2025 ▪ Liquidity at 25.5% of LTM revenues ▪ Delivered 5.6% capacity growth and closed the TRASM gap to 202
Slide 5: In control of our growth trajectory
In control of our growth trajectory Fleet normalization as a structural Scheduled Airbus earnings driver deliveries ▪ We are at an inflection point in AOGs, with a steady improvement through 2026 ~7% ASM ▪ As grounded aircraft return to service, the Growth in AOG narrowing gap between total and 2026
Slide 6: Holger Blankenstein
Holger Blankenstein EVP Airline, Commercial and Operations
Slide 7: Revenue performance supported by disciplined execution, broader customer mix and product uptake
Revenue performance supported by disciplined execution, broader customer mix and product uptake Capacity breakdown ▪ Capacity management enabled TRASM of 9.35 (Billions of ASMs) 4Q’25 4Q’24 Var. cents, in line with guidance and consistent with Total 9.4 8.9 5.6% 4Q’24 levels Domestic 5.3 5.2 2.2% ▪
Slide 8: Network expansion driven by diversified demand
Network expansion driven by diversified demand Higher-value product adoption supporting yield stability • ~60% multi-purpose domestic traffic; VFR adopting broader product suite • Diversified demand profile enabling selective expansion Targeted expansion in attractive markets • 33 new routes across
Slide 9: Jaime Pous
Jaime Pous Chief Financial Officer
Slide 10: Full year and fourth quarter 2025 financial results
Full year and fourth quarter 2025 financial results Total Operating Revenues TRASM CASM ex fuel FY’25 $3,038M 8.41¢ 5.58¢ Liquidity -3.3% vs. FY’24 -9.0% vs. FY’24 +3.5% vs. FY’24 25.5% of LTM $774M Revenues -18.9% vs. 4Q’24 4Q’25 $882M 9.35¢ 5.76¢ 5.6% vs. 4Q’24 flat vs. 4Q’24 +1.4% vs. 4Q’24 EBIT
Slide 11: AOG recovery supporting multi-year earnings improvement
AOG recovery supporting multi-year earnings improvement Capacity growth driven by conversion of AOGs to productive aircraft, with no incremental capital investment GTF-related AOGs expected to decline Projected fleet plan supports ~7% ASM growth in 2026 gradually from 2Q’26, reaching ~25 by year-end
Slide 12: Full year and first quarter 2026 guidance
2026 Full Year 2025 Guidance FY 2026 full year ASM growth EBITDAR Margin ~7% ~33% and first Capex ~$350M (1) quarter Avg. USD/MXN rate Avg. U.S. Gulf Coast jet fuel price Ps. 17.70 $2.10 to $2.20 guidance 1Q’26 ASM growth ~3% TRASM ~$8.50 cents CASM ex fuel ~$6.00 cents EBITDAR Margin ~25% Avg. USD/
Slide 13: The strength of our ULCC model
The strength of our ULCC model A flexible, low-cost operating framework remains well suited to Mexico’s structural growth dynamics Cross-border travel sentiment continues to improve, supported by more effective segmentation and disciplined capacity deployment We remain committed to low-cost, high-va
Slide 14: Q&A
Q&A INVESTOR RELATIONS Liliana Juárez ir@volaris.com Enrique Beltranena Holger Blankenstein Jaime Pous ir.volaris.com President & CEO EVP Airline, Commercial CFO 14 and Operations
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. — Q4 2025 Earnings Presentation on 6ix