Volaris* (NYSE:VLRS and BMV:VOLAR), the ultra-low-cost airline serving
Mexico, the United States and Central America, reports February 2016 and
year-to-date preliminary traffic results.
During February 2016 Volaris increased total capacity, as measured in
Available Seat Miles (ASMs), by 32.9% year over year, in response to
strong demand in its domestic and international markets, and from a low
comparison base for the same month in 2015. Total demand, as measured in
Revenue Passenger Miles (RPMs) in February increased 41.4% year over
year, reaching 972 million, validating the strong demand environment the
Company has continued to observe since the second half of 2015. Volaris
transported a total of 1.0 million passengers during the month, an
increase of 41.7% year over year. Year-to-date, Volaris has transported
over 2.2 million passengers, an increase of 36.4% year over year.
In February 2016, Volaris increased domestic and international ASMs by
32.7% and 33.5%, respectively. Network load factor for February reached
83.4%, an increase of 5.0 percentage points year over year.
The following table summarizes Volaris traffic results for the month and
year-to-date.
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February
2016
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February
2015
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Variance
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Two
months
ended
February
2016
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Two
months
ended
February
2015
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Variance
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RPMs (in millions, scheduled & charter)
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Domestic
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689
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491
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40.1%
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1,497
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1,111
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34.7%
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International
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283
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196
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44.5%
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647
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471
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37.5%
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Total
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972
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687
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41.4%
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2,144
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1,582
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35.5%
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ASMs (in millions, scheduled & charter)
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Domestic
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823
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620
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32.7%
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1,773
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1,392
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27.3%
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International
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343
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257
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33.5%
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757
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601
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26.1%
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Total
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1,166
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877
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32.9%
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2,530
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1,993
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26.9%
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Load Factor (in %, scheduled)
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Domestic
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83.8%
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79.3%
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4.5 pp
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84.4%
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79.8%
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4.6 pp
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International
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82.4%
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76.1%
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6.3 pp
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85.5%
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78.4%
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7.1 pp
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Total
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83.4%
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78.4%
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5.0 pp
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84.7%
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79.4%
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5.3 pp
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Passengers (in thousands, scheduled & charter)
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Domestic
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825
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590
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39.9%
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1,765
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1,306
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35.1%
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International
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197
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131
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50.0%
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450
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318
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41.7%
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Total
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1,022
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721
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41.7%
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2,215
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1,624
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36.4%
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The information included in this report has not been audited and it does
not provide information on the company’s future performance. Volaris’
future performance depends on many factors and it cannot be inferred
that any period’s performance or its comparison year over year will be
an indicator of a similar performance in the future.
About Volaris:
*Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris” or
the “Company”) (NYSE: VLRS and BMV: VOLAR), is an ultra-low-cost carrier
(ULCC), with point-to-point operations, serving Mexico, the United
States and Central America. Volaris offers low base fares to build its
market, providing quality service and extensive customer choice. Since
beginning operations in March 2006, Volaris has increased its routes
from five to more than 148 and its fleet from four to 58 aircraft.
Volaris offers more than 273 daily flight segments on routes that
connect 40 cities in Mexico and 22 cities in the United States and
Central America with the youngest aircraft fleet in Mexico. Volaris
targets passengers who are visiting friends and relatives,
cost-conscious business people and leisure travelers in Mexico and to
select destinations in the United States and Central America. Volaris
has received the ESR Award for Social Corporate Responsibility for five
consecutive years. For more information, please visit: www.volaris.com
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