Volaris Performance

Volaris Reports December and Full Year 2019 Traffic Results

Solid Demand Positions Volaris As the Largest Mexican Airline by Passenger Volume

Volaris

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

In December and full year 2019, capacity measured by ASMs (Available Seat Miles) increased by 12.3% and 16.6% vs the same period of last year. In December and full year 2019, demand measured by RPMs (Revenue Passenger Miles) increased 15.5% and 18.5% year over year, respectively. Volaris transported a total of 2.0 million passengers during the month of December, an increase of 13.3% year over year. Full year 2019, Volaris transported a total of 22.0 million passengers, an increase of 19.5% year over year. Network load factor for December and full year 2019 were 88.2% and 85.9%, respectively. In December and full year 2019, the load factor increased 2.4 pp and 1.4 pp year over year, respectively.

During December 2019, Volaris launched five international routes: 1) Leon, Guanajuato to Dallas, Texas; 2) Leon, Guanajuato to Las Vegas, Nevada; 3) Leon, Guanajuato to Chicago, Illinois; 4) Zacatecas, Zacatecas to Dallas, Texas and 5) Cancun, Quintana Roo to Los Angeles, California. Additionally, Volaris started to operate one domestic route (Mazatlan, Sinaloa to Monterrey, Nuevo Leon).

Volaris' President and Chief Executive Officer, Enrique Beltranena, commented on the traffic results for December and full year 2019: "We carried 22 million passengers in the year; this makes Volaris the largest Mexican airline by passenger volume and I am pleased to note that no Mexican airline has ever carried so many passengers in one year. This is an amazing result and I'd like to thank our employees for their hard work and dedication in the year and to thank our passengers for their continuing support and loyalty. Despite Mexican economic uncertainties, our ultra-low-cost airline structure continues generating higher passenger volume through low base fares and point to point routes." 

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

December

2019

December

2018

Variance

Full year

2019

Full year

 2018

Variance

RPMs (in millions, scheduled & charter)

Domestic

1,331

1,183

12.5%

14,870

12,655

17.5%

International

617

503

22.7%

6,162

5,093

21.0%

Total

1,948

1,686

15.5%

21,032

17,748

18.5%

ASMs (in millions, scheduled & charter)

Domestic

1,489

1,344

10.8%

16,891

14,519

16.3%

International

718

621

15.7%

7,608

6,491

17.2%

Total

2,207

1,965

12.3%

24,499

21,010

16.6%

Load Factor (in %, scheduled)

Domestic

89.4%

88.0%

   1.4 pp

88.0%

87.2%

0.8 pp

International

85.8%

80.9%

4.9 pp

81.0%

78.5%

2.5 pp

Total

88.2%

85.8%

  2.4 pp

85.9%

84.5%

1.4 pp

Passengers (in thousands, scheduled & charter)

Domestic

1,537

1,385

11.0%

17,654

14,829

19.1%

International

433

354

22.1%

4,321

3,567

21.1%

Total

1,970

1,739

13.3%

21,975

18,396

19.5%

 



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