Volaris;

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its April 2023 preliminary traffic results.

In April 2023, Volaris' capacity (measured in ASMs) increased by 16.7% year-over-year, while demand (measured in RPMs) increased by 18.3%; the result was a load factor increase of 1.1 pp YoY to 85.8%. Volaris transported 2.9 million passengers during the month, an 11.8% increase compared to April 2022. Demand in the domestic Mexican and international markets increased by 9.0% and 45.9%, respectively.

Enrique Beltranena, Volaris' President and CEO, said: "We achieved a healthy load factor in April, with a particularly strong performance in our international markets. In the domestic market, we continue to see strong volumes."

Apr 2023

Apr 2022

Variance

YTD Apr 2023

YTD Apr 2022

Variance

RPMs (million, scheduled & charter)

Domestic

1,966

1,804

9.0 %

7,512

6,699

12.1 %

International

886

607

45.9 %

3,406

2,440

39.6 %

Total

2,851

2,411

18.3 %

10,918

9,140

19.5 %

ASMs (million, scheduled & charter)

Domestic

2,255

2,038

10.7 %

8,792

7,720

13.9 %

International

1,070

811

31.9 %

4,021

3,190

26.1 %

Total

3,325

2,849

16.7 %

12,813

10,909

17.4 %

Load Factor (%, scheduled,RPMs/ASMs)

Domestic

87.2 %

88.5 %

(1.4) pp

85.4 %

86.8 %

(1.3) pp

International

82.8 %

74.9 %

7.9 pp

84.7 %

76.5 %

8.2 pp

Total

85.8 %

84.6 %

1.1 pp

85.2 %

83.8 %

1.4 pp

Passengers (thousand, scheduled & charter)

Domestic

2,268

2,137

6.1 %

8,708

7,813

11.5 %

International

611

438

39.6 %

2,358

1,751

34.7 %

Total

2,879

2,575

11.8 %

11,066

9,564

15.7 %