Volaris Reports May 2015 Traffic Results, Passenger Traffic Growth of 19%

Loading...
Loading...
Volaris*
VLRS
, the ultra-low-cost airline serving Mexico and the United States, today reported May 2015 and year-to-date preliminary traffic results. VOLARIS LOGO During the month of May 2015, Volaris continued its capacity discipline in the domestic market and strong growth in the international market. Total capacity as measured in Available Seat Miles (ASMs) for the month of May increased by 12.0% year over year, and total passengers were 956 thousand, an increase of 19.3% year over year. Volaris' total demand for the month of May measured in Revenue Passenger Miles (RPMs) increased 14.3% year over year, reaching 910 million. Network load factor for the month of May reached 83.7%, an increase of 1.6 percentage points year over year. During the month of May 2015, Volaris started operating one new domestic route (Tijuana - Durango). The following table summarizes Volaris' traffic results for the month. May 2015 May 2014 Variance Five Months Ended May 2015 Five Months Ended May 2014 Variance RPMs (Millions) Scheduled + charter Domestic 647 593 9.1% 2,999 2,818 6.4% International 263 203 29.4% 1,240 985 25.9% Total 910 796 14.3% 4,239 3,803 11.5% ASMs (Millions) Scheduled + charter Domestic 776 738 5.1% 3,672 3,531 4.0% International 310 232 34.0% 1,554 1,183 31.3% Total 1,086 970 12.0% 5,226 4,714 10.9% Load Factor (%) Scheduled Domestic 83.4% 80.3% 3.1 pp 81.7% 79.8% 1.9 pp International 84.5% 87.7% (3.2) pp 79.7% 83.3% (3.6) pp Total 83.7% 82.1% 1.6 pp 81.1% 80.7% 0.4 pp Passengers (Thousands) Scheduled + charter Domestic 776 663 17.1% 3,558 3,080 15.5% International 180 138 29.8% 842 673 25.0% Total 956 801 19.3% 4,400 3,753 17.2% 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 Compania de Aviacion, S.A.B. de C.V. ("Volaris" or the "Company")
VLRS
, is an ultra-low-cost carrier (ULCC), with point-to-point operations, serving Mexico and the United States. 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 140 and its fleet from four to 53 aircraft. Volaris offers more than 225 daily flight segments on routes that connect 39 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. Volaris has received the ESR Award for Social Corporate Responsibility for five consecutive years. For more information, please visit: www.volaris.com Logo - http://photos.prnewswire.com/prnh/20150325/194587LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/volaris-reports-may-2015-traffic-results-passenger-traffic-growth-of-19-300094084.html SOURCE Volaris
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: News
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...