Volaris Performance

Volaris Reports August 2018 Traffic Results; 10% Passenger Growth

Volaris

Volaris (NYSE :VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports August 2018 and year-to-date preliminary traffic results.

During August 2018 Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 14.7% year over year. Total demand, as measured in Revenue Passenger Miles (RPMs), in August 2018 increased 7.8% year over year, reaching 1.5 billion. Volaris transported a total of 1.5 million passengers during the month, an increase of 10.2% year over year. Network load factor for August was 80.3%, a decrease of 5.1 percentage points year over year.

Volaris' Chief Executive Officer, Enrique Beltranena, commented: "International load factors were high on the northbound but low on the southbound flights, responding to the seasonality of the VFR traffic. Nevertheless, quarter-to-date, we are observing unit revenue trends in line with last year."

The following table summarizes Volaris traffic results for the month and year-to-date.

August

2018

August

2017

Variance

August

YTD 2018

August

 YTD 2017

Variance

RPMs (in millions, scheduled & charter)

Domestic

1,062

957

11.0%

8,216

7,305

12.5%

International

435

432

0.7%

3,431

3,383

1.4%

Total

1,497

1,389

7.8%

11,647

10,688

9.0%

ASMs (in millions, scheduled & charter)

Domestic

1,284

1,098

16.9%

9,489

8,367

13.4%

International

583

529

10.3%

4,363

4,158

4.9%

Total

1,867

1,627

14.7%

13,852

12,525

10.6%

Load Factor (in %, scheduled)

Domestic

82.7%

87.1%

 (4.4) pp

86.6%

87.3%

(0.7) pp

International

74.8%

81.7%

 (6.9) pp

78.7%

81.3%

(2.6) pp

Total

80.3%

85.4%

 (5.1) pp

84.1%

85.3%

(1.2) pp

Passengers (in thousands, scheduled & charter)

Domestic

1,245

1,108

12.4%

9,596

8,637

11.1%

International

299

293

2.2%

2,396

2,331

2.8%

Total

1,544

1,401

10.2%

11,992

10,968

9.3%

 



Logos, product and company names mentioned are the property of their respective owners.