10 Best Mexican Stocks to Invest In

2. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS)

Number of Hedge Fund Holders: 9

Stock Upside Potential: 39.49%

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) is one of the best Mexican stocks to invest in. On November 5, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) released its preliminary traffic numbers for October. The airline posted a 1.1% increase in available seat miles, while revenue passenger miles slipped slightly by 0.6%. Domestic traffic was a bit softer, down 1.9%, but international traffic grew 1.4%. The overall load factor came in at 85.9%, about a point and a half lower than the same month last year. In total, Volaris carried 2.6 million passengers during October.

CEO Enrique Beltranena said the October data reflects solid travel sentiment, continued month-to-month improvements across the network, and steady demand within Mexico. He also added that cross-border bookings are recovering and are now tracking close to where they were a year ago.

In other news, Volaris held its Q3 2025 earnings call on October 28, where executives stated that the company’s total operating revenues for the quarter reached $784 million. This figure is 4% lower than the revenues in Q3 2024, and management linked the drop mainly to lower unit revenues (TRASM).​ Net income for the quarter was $6 million, compared with $37 million in Q3 2024, and earnings per American Depositary Share (ADS) were $0.05, versus $0.32 a year earlier.

Management explained that throughout 2025, Volaris reduced its planned capacity growth from around 15% to “nearly half that level.” This way, they were able to keep CASM ex‑fuel broadly in line with its original plan. They also emphasized that this more conservative capacity stance was aimed at matching supply to demand and managing costs while engines were out for inspections.​

On guidance, the executives stated that they expect ASM growth for 2026 to be in the 6-8% range. They also project the EBITDA margin in the range of 32–33% for the full year 2025.

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS), operating as Volaris, is an ultra-low-cost carrier headquartered in Mexico City. The company operates approximately 550 daily flights on routes connecting 44 cities in Mexico, 23 in the United States, 4 in Central America, and 2 in South America.