Volaris reports August 2016 and year-to-date preliminary traffic results
OREANDA-NEWS. Volaris* (NYSE:VLRS and BMV:VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports August 2016 and year-to-date preliminary traffic results.
During August 2016 Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 10.3% year over year, in response to strong demand in its domestic and international markets. Total demand, as measured in Revenue Passenger Miles (RPMs), in August 2016 increased 15.5% year over year, reaching 1.3 billion, validating the strong demand environment and traffic stimulation the Company has been observing in its markets. Volaris transported a total of 1.4 million passengers during the month, an increase of 16.6% year over year. Year-to-date, Volaris has transported over 9.8 million passengers, an increase of 26.1% year over year.
In August 2016, Volaris increased domestic and international ASMs by 8.7% and 13.8%, respectively. Network load factor for August reached 86.6%, an increase of 4.0 percentage points year over year.
During August 2016, Volaris launched one year-round international route (Austin-Guadalajara).
The following table summarizes Volaris traffic results for the month and year-to-date.
Eight Eight August August months months 2016 2015 Variance ended ended Variance August August 2016 2015 RPMs(in millions, scheduled & charter) Domestic 908 787 15.3% 6,600 5,301 24.5% International 414 357 15.9% 2,867 2,282 25.7% Total 1,322 1,144 15.5% 9,467 7,583 24.8% ASMs(in millions, scheduled & charter) Domestic 1,041 958 8.7% 7,613 6,412 18.7% International 485 426 13.8% 3,312 2,764 19.8% Total 1,526 1,384 10.3% 10,925 9,176 19.1% Load Factor(in %, scheduled) Domestic 87.2% 82.2% 5.0 pp 86.7% 82.7% 4.0 pp International 85.4% 83.6% 1.8 pp 86.6% 82.4% 4.2 pp Total 86.6% 82.6% 4.0 pp 86.7% 82.6% 4.1 pp Passengers(in thousands, scheduled & charter) Domestic 1,083 928 16.7% 7,893 6,274 25.8% International 287 247 16.6% 1,992 1,564 27.4% Total 1,370 1,175 16.6% 9,885 7,838 26.1%
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 154 and its fleet from four to 63 aircraft. Volaris offers more than 302 daily flight segments on routes that connect 40 cities in Mexico and 24 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 and Central America.
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