Viva Reports Second-Quarter Loss Despite Revenue Growth. Viva released its financial results for the second quarter of 2026, a period marked by sharply higher fuel prices, softer travel demand, and the operational impact of Pratt & Whitney engine inspections. Although the airline increased its revenue by 10.9% year over year, it posted a net loss of US$59 million, compared with a US$7 million profit recorded during the same period in 2025.
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Operating revenue reached US$609 million, supported by higher ancillary revenue, capacity adjustments, and the stronger Mexican peso. However, a 57.6% increase in fuel costs significantly raised operating expenses, while cost per available seat mile (CASM) climbed 36.2%. As a result, Viva reported an operating loss of US$38 million, with a negative operating margin of 6.2%.
Operationally, the airline carried 7.2 million passengers, down 3.7% from a year earlier, while reducing capacity by 7.7% and maintaining a solid load factor of 85.9%. Viva said these adjustments were part of its strategy to offset higher fuel costs and the impact of Pratt & Whitney GTF engine inspections, which left an average of 27.9 A320neo-family aircraft grounded during the quarter.
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As of the end of June, Viva operated a fleet of 109 aircraft and reported liquidity of US$754 million, equivalent to 30.5% of its revenue over the previous 12 months. The airline said it will continue maintaining strict capacity and cost discipline throughout the second half of the year while advancing the regulatory approval process for its planned new airline group with Volaris.
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