Volaris Reports February 2016 Traffic Results, Strong Market Demand Drives Passenger Traffic Growth of 42%
OREANDA-NEWS. Volaris (NYSE:VLRS and BMV:VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports February 2016 and year-to-date preliminary traffic results.
During February 2016 Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 32.9% year over year, in response to strong demand in its domestic and international markets, and from a low comparison base for the same month in 2015. Total demand, as measured in Revenue Passenger Miles (RPMs) in February increased 41.4% year over year, reaching 972 million, validating the strong demand environment the Company has continued to observe since the second half of 2015. Volaris transported a total of 1.0 million passengers during the month, an increase of 41.7% year over year. Year-to-date, Volaris has transported over 2.2 million passengers, an increase of 36.4% year over year.
In February 2016, Volaris increased domestic and international ASMs by 32.7% and 33.5%, respectively. Network load factor for February reached 83.4%, an increase of 5.0 percentage points year over year.
The following table summarizes Volaris traffic results for the month and year-to-date.
Two Two months months ended ended February February February February 2016 2015 Variance 2016 2015 Variance RPMs(in millions, scheduled & charter) Domestic 689 491 40.1% 1,497 1,111 34.7% International 283 196 44.5% 647 471 37.5% Total 972 687 41.4% 2,144 1,582 35.5% ASMs(in millions, scheduled & charter) Domestic 823 620 32.7% 1,773 1,392 27.3% International 343 257 33.5% 757 601 26.1% Total 1,166 877 32.9% 2,530 1,993 26.9% Load Factor(in %, scheduled) Domestic 83.8% 79.3% 4.5 pp 84.4% 79.8% 4.6 pp International 82.4% 76.1% 6.3 pp 85.5% 78.4% 7.1 pp Total 83.4% 78.4% 5.0 pp 84.7% 79.4% 5.3 pp Passengers(in thousands, scheduled & charter) Domestic 825 590 39.9% 1,765 1,306 35.1% International 197 131 50.0% 450 318 41.7% Total 1,022 721 41.7% 2,215 1,624 36.4%
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