Volaris Performance

Volaris Reports September 2018 Traffic Results; 17% Passenger Growth

Volaris

Volaris (NYSE: VLRS and BMV: VOLAR) reports September 2018 and year-to-date preliminary traffic results.

During September 2018 Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 17.0% year over year. Total demand, as measured in Revenue Passenger Miles (RPMs), in September 2018 increased 15.3% year over year, reaching 1.4 billion. Volaris transported a total of 1.4 million passengers during the month, an increase of 17.0% year over year. Network load factor for September was 81.3%, a decrease of 1.1 percentage points year over year. During September 2018, Volaris launched one domestic route Guadalajara, Jalisco to Tapachula, Chiapas.

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. In addition, domestic traffic positively responded in volume despite relatively high ASM growth. This capacity growth reflects the arrival of the Airbus neos. As a general outlook, unit revenues continue the recuperation trend observed in previous months."

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

September

2018

September

2017

Variance

September

YTD 2018

September

 YTD 2017

Variance

RPMs (in millions, scheduled & charter)

Domestic

1,010

861

17.4%

9,227

8,165

13.0%

International

360

327

9.9%

3,790

3,710

2.2%

Total

1,370

1,188

15.3%

13,017

11,875

9.6%

ASMs (in millions, scheduled & charter)

Domestic

1,198

1,011

18.5%

10,687

9,379

13.9%

International

488

430

13.6%

4,851

4,587

5.7%

Total

1,686

1,441

17.0%

15,538

13,966

11.3%

Load Factor (in %, scheduled)

Domestic

84.3%

85.1%

   (0.8) pp

86.3%

87.1%

(0.8) pp

International

73.7%

76.2%

   (2.5) pp

78.2%

80.8%

(2.6) pp

Total

81.3%

82.4%

  (1.1) pp

83.8%

85.0%

(1.2) pp

Passengers (in thousands, scheduled & charter)

Domestic

1,192

1,006

18.4%

10,788

9,643

11.9%

International

250

226

10.7%

2,646

2,557

3.5%

Total

1,442

1,232

17.0%

13,434

12,200

10.1%

 



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