OREANDA-NEWS. June 07, 2016. Volaris* (NYSE:VLRS and BMV:VOLAR), the ultra-low-cost airline serving
Mexico, the United States and Central America, reports May 2016 and
year-to-date preliminary traffic results.
During May 2016 Volaris increased total capacity, as measured in
Available Seat Miles (ASMs), by 23.8% year over year, in response to
strong demand in its domestic and international markets. Total demand,
as measured in Revenue Passenger Miles (RPMs), in May increased 27.1%
year over year, reaching 1.2 billion, validating the strong demand
environment the Company has been observing in its markets. Volaris
transported a total of 1.2 million passengers during the month, an
increase of 29.3% year over year. Year-to-date, Volaris has transported
over 5.8 million passengers, an increase of 31.7% year over year. April
year-to-date, the Mexican DGAC reported an overall passenger volume
growth for Mexican carriers of 12.7% year over year.
In May 2016, Volaris increased domestic and international ASMs by 24.5%
and 22.0%, respectively. Network load factor for May reached 86.0%, an
increase of 2.3 percentage points year over year.
During May 2016, Volaris launched three year-round international routes
(Culiacan - Phoenix, Monterrey - Chicago (O'Hare) and Dallas -
Monterrey).
The following table summarizes Volaris traffic results for the month and
year-to-date.
Five Five
May May months months
2016 2015 Variance ended May ended May Variance
2016 2015
RPMs(in millions, scheduled & charter)
Domestic 827 647 27.8% 3,897 2,999 29.9%
International 329 263 25.2% 1,623 1,240 30.9%
Total 1,156 910 27.1% 5,520 4,239 30.2%
ASMs(in millions, scheduled & charter)
Domestic 965 776 24.5% 4,595 3,672 25.1%
International 379 310 22.0% 1,912 1,554 23.0%
Total 1,344 1,086 23.8% 6,507 5,226 24.5%
Load Factor(in %, scheduled)
Domestic 85.6% 83.4% 2.2 pp 84.8% 81.7% 3.1 pp
International 87.1% 84.5% 2.6 pp 84.9% 79.7% 5.3 pp
Total 86.0% 83.7% 2.3 pp 84.8% 81.1% 3.8 pp
Passengers(in thousands, scheduled & charter)
Domestic 1,007 776 29.8% 4,668 3,558 31.2%
International 229 180 27.0% 1,128 842 33.9%
Total 1,236 956 29.3% 5,796 4,400 31.7%
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 154 and its fleet from four
to 63 aircraft. Volaris offers more than 294 daily flight segments on
routes that connect 40 cities in Mexico and 25 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. Volaris
has received the ESR Award for Social Corporate Responsibility for five
consecutive years. For more information, please visit: www.volaris.com
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