Volaris Reports September 2019 Traffic Results: 21% Passenger Growth and 83% Load Factor

Loading...
Loading...

MEXICO CITY, Oct. 3, 2019 /PRNewswire/ -- Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reported September 2019 and preliminary year to date traffic results.

In September 2019, capacity measured by ASMs (Available Seat Miles) increased by 18.7% vs last year, with demand measured by RPMs (Revenue Passenger Miles) showing an increase of 21.1%. Volaris carried 1.7M passengers in total (21.2% increase vs last year), with load factor increasing 1.6 pp for a total of 82.9%.

Volaris' President and Chief Executive Officer, Enrique Beltranena, commented on the traffic results for September: "The significant healthy capacity growth during the month is underpinned by solid passenger demand in domestic and international markets."

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


September
2019

September
2018

Variance

September

YTD 2019

September

 YTD 2018

Variance

RPMs (in millions, scheduled & charter)







Domestic

1,213

1,010

20.1%

10,983

9,227

19.0%

International

446

360

24.0%

4,528

3,790

19.5%

Total

1,659

1,370

21.1%

15,511

13,017

19.2%

ASMs (in millions, scheduled & charter)







Domestic

1,402

1,198

17.0%

12,549

10,687

17.4%

International

599

488

22.8%

5,650

4,851

16.5%

Total

2,001

1,686

18.7%

18,199

15,538

17.1%

Load Factor (in %, scheduled)







Domestic

86.6%

84.3%

   2.3 pp

87.5%

86.3%

1.2 pp

International

74.4%

73.7%

   0.7 pp

80.2%

78.2%

2.0 pp

Total

82.9%

81.3%

  1.6 pp

85.3%

83.8%

1.5 pp

Passengers (in thousands, scheduled &
charter)







Domestic

1,436

1,192

20.5%

13,068

10,788

21.1%

International

312

250

24.8%

3,169

2,646

19.8%

Total

1,748

1,442

21.2%

16,237

13,434

20.9%

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") VLRSVOLAR, 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 194 and its fleet from four to 80 aircraft. Volaris offers more than 384 daily flight segments on routes that connect 40 cities in Mexico and 25 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 ten consecutive years. For more information, please visit: www.volaris.com

SOURCE Volaris

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press ReleasesAirlines/AviationPassenger AviationPolls & ResearchSurveysTransportation/Trucking/Railroad
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...