Volaris Performance

Volaris Reports October 2019 Traffic Results: 18% Passenger Growth and 86% Load Factor

Volaris

Volaris (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reported October 2019 and preliminary year to date traffic results.

In October 2019, capacity measured by ASMs (Available Seat Miles) increased by 17.3% vs the same period of last year, with the demand measured by RPMs (Revenue Passenger Miles) showing an increase of 17.8%. Volaris carried 1.9M passengers in total (18.1% increase vs the same period of last year), with a load factor increase of 0.4 pp vs the same period of last year, for a total of 85.8%.

During October 2019, Volaris started to operate three domestic routes and one international route. In the domestic market: 1) Monterrey, Nuevo Leon to Oaxaca, Oaxaca; 2) Monterrey, Nuevo Leon to Los Cabos, Baja California; and 3) Tijuana, Baja California to Tapachula, Chiapas. On the international market: Leon, Guanajuato to Fresno, California.

Volaris' President and Chief Executive Officer, Enrique Beltranena, commented on the traffic results for October: "Passenger demand continues to be solid for Volaris, positioning the airline as the domestic market leader during 2019. Volaris is the only carrier in the history of aviation in the country that has transported over 21 million passengers during a twelve-month period".

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

October

2019

October

2018

Variance

October

YTD 2019

October

 YTD 2018

Variance

RPMs (in millions, scheduled & charter)

Domestic

1,268

1,119

13.2%

12,250

10,346

18.4%

International

493

376

31.3%

5,022

4,166

20.5%

Total

1,761

1,495

17.8%

17,272

14,512

19.0%

ASMs (in millions, scheduled & charter)

Domestic

1,440

1,260

14.3%

13,989

11,947

17.1%

International

613

491

25.0%

6,263

5,341

17.3%

Total

2,053

1,751

17.3%

20,252

17,288

17.1%

Load Factor (in %, scheduled)

Domestic

88.0%

88.8%

   (0.8) pp

87.6%

86.6%

1.0 pp

International

80.5%

76.6%

 3.9 pp

80.2%

78.1%

2.1 pp

Total

85.8%

85.4%

  0.4 pp

85.3%

84.0%

1.3 pp

Passengers (in thousands, scheduled & charter)

Domestic

1,523

1,320

15.4%

14,592

12,107

20.5%

International

348

265

31.3%

3,516

2,911

20.8%

Total

1,871

1,585

18.1%

18,108

15,018

20.6%

 



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