Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports June 2017 and year-to-date preliminary traffic results.
During June 2017 Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 7.8% year over year. Total demand, as measured in Revenue Passenger Miles (RPMs), in June 2017 increased 8.0% year over year, reaching 1.3 billion. Volaris transported a total of 1.3 million passengers during the month, an increase of 3.7% year over year. Network load factor for June was 89.1%, an increase of 0.2 percentage points year over year.
During the first six months of 2017, Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 16.7% year over year. Total demand, as measured in Revenue Passenger Miles (RPMs), for the six months ended June 2017 increased 15.2% year over year, reaching 7.8 billion. Volaris transported a total of 8.0 million passengers during the first six months of 2017, an increase of 13.5% year over year. Network load factor for the first six months of the year was 84.5%, a decrease of 1.1 percentage points year over year.
During June 2017, Volaris started to operate two domestic routes (Cozumel, Quintana Roo – Guadalajara, Jalisco and Guadalajara, Jalisco – Oaxaca, Oaxaca) and one international route (Los Angeles, California – Oaxaca, Oaxaca).
The following table summarizes Volaris traffic results for the month and year-to-date.
June 2017 |
June 2016 | Variance |
Six |
Six | Variance | ||||||||||||||
RPMs (in millions, scheduled & charter) | |||||||||||||||||||
Domestic | 895 | 842 | 6.3% | 5,313 | 4,739 | 12.1% | |||||||||||||
International | 416 | 373 | 11.8% | 2,443 | 1,996 | 22.4% | |||||||||||||
Total | 1,311 | 1,215 | 8.0% | 7,756 | 6,735 | 15.2% | |||||||||||||
ASMs (in millions, scheduled & charter) | |||||||||||||||||||
Domestic | 988 | 954 | 3.5% | 6,139 | 5,549 | 10.6% | |||||||||||||
International | 484 | 411 | 17.7% | 3,047 | 2,323 | 31.2% | |||||||||||||
Total | 1,472 | 1,365 | 7.8% | 9,186 | 7,872 | 16.7% | |||||||||||||
Load Factor (in %, scheduled) | |||||||||||||||||||
Domestic | 90.6% | 88.3% | 2.3 pp | 86.5% | 85.4% | 1.1 pp | |||||||||||||
International | 85.8% | 90.5% | (4.7) pp | 80.2% | 85.9% | (5.7) pp | |||||||||||||
Total | 89.1% | 88.9% | 0.2 pp | 84.5% | 85.6% | (1.1) pp | |||||||||||||
Passengers (in thousands, scheduled & charter) | |||||||||||||||||||
Domestic | 1,037 | 1,016 | 2.1% | 6,340 | 5,684 | 11.5% | |||||||||||||
International | 285 | 259 | 9.9% | 1,688 | 1,386 | 21.8% | |||||||||||||
Total | 1,322 | 1,275 | 3.7% | 8,028 | 7,070 | 13.5% | |||||||||||||
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 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 164
and its fleet from four to 66 aircraft. Volaris offers more than 306
daily flight segments on routes that connect 40 cities in Mexico and 28
cities in the United States and Central America with the youngest 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 eight consecutive years. For more information, please
visit: www.volaris.com
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