Market Overview

Volaris Reports December and Full Year 2017 Traffic Results

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Passenger Growth of 10% for Full Year 2017, Increases Fourth Quarter
2017 Profitability Guidance

Volaris* (NYSE:VLRS), the ultra-low-cost airline serving
Mexico, the United States and Central America, reports December and full
year 2017 preliminary traffic results.

During December and full year 2017 Volaris increased total capacity, as
measured in Available Seat Miles (ASMs), by 7.8% and 12.9% year over
year, respectively. Total demand, as measured in Revenue Passenger Miles
(RPMs), for December and full year 2017 increased 3.1% and 11.1% year
over year, respectively. Volaris transported a total of 1.5 million
passengers during the month of December, an increase of 3.1% year over
year. Full year 2017, Volaris transported over 16.4 million passengers,
an increase of 9.5% year over year. Network load factor for December and
full year 2017 were 80.4% and 84.4%, respectively.

During December 2017, Volaris launched four international routes (Los
Angeles, California to Guatemala City, Guatemala; Washington, D.C. to
San Salvador, El Salvador; New York City, New York to San Salvador, El
Salvador and Los Angeles, California to San Salvador, El Salvador).
Additionally, Volaris started to operate one domestic route (Morelia,
Michoacan to Mexicali, Baja California) and four international routes
(Fresno, California to Morelia Michoacan; San Jose, California to
Morelia Michoacan; San Jose, California to Zacatecas, Zacatecas and Los
Angeles, California to Acapulco, Guerrero).

With these December 2017 preliminary traffic results, in addition to a
quarter-over-quarter yield improving environment, Volaris increases its
fourth quarter 2017 Adjusted EBITDAR margin guidance to a 27% to 29%
range, reflecting an actual average exchange rate of Ps.19.16, and
average economic fuel price per gallon of USD $1.9.

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

                         
       

December
2017

   

December
2016

    Variance    

Full year
2017

   

Full year
2016

    Variance
RPMs (in millions, scheduled & charter)
Domestic 1,015 964 5.3% 11,054 10,008 10.5%
International       470     476     (1.3)%     4,863     4,318     12.6%
Total 1,485 1,440 3.1% 15,917 14,326 11.1%
ASMs (in millions, scheduled & charter)
Domestic 1,227 1,130 8.5% 12,740 11,595 9.9%
International       620     583     6.5%     6,121     5,109     19.8%
Total 1,847 1,713 7.8% 18,861 16,704 12.9%
Load Factor (in %, scheduled)
Domestic 82.8% 85.3% (2.5) pp 86.8% 86.3% 0.5 pp
International       75.7%     81.9%     (6.2) pp     79.4%     84.5%     (5.1) pp
Total 80.4% 84.1% (3.7) pp 84.4% 85.8% (1.4) pp
Passengers (in thousands, scheduled & charter)
Domestic 1,183 1,136 4.1% 13,051 12,001 8.7%
International       334     335     (0.2)%     3,376     3,004     12.4%
Total 1,517 1,471 3.1% 16,427 15,005 9.5%
 

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), 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 174 and its fleet from four
to 71 aircraft. Volaris offers more than 321 daily flight segments on
routes that connect 40 cities in Mexico and 28 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 eight
consecutive years. For more information, please visit: www.volaris.com

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