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Volaris Reports September 2018 Traffic Results; 17% Passenger Growth

VLRS

PR Newswire

MEXICO CITY, Oct. 3, 2018 /PRNewswire/ -- Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports September 2018 and year-to-date preliminary traffic results.

Volaris Logo

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%

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:
*("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 175 and its fleet from four to 73 aircraft. Volaris offers more than 339 daily flight segments on routes that connect 40 cities in Mexico and 29 cities in the United States and Central America with one of the youngest fleet in Americas. 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 nine consecutive years. For more information, please visit: www.volaris.com

Investor Relations contact: María Elena Rodríguez & Andrea González/ Investor Relations / ir@volaris.com / +52 55 5261 6444
Media contact: Gabriela Fernández / volaris@gcya.mx / +52 55 5246 0100

Cision View original content:http://www.prnewswire.com/news-releases/volaris-reports-september-2018-traffic-results-17-passenger-growth-300724024.html

SOURCE Volaris



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