ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

VLRS Volaris Aviation Holding

8.49
0.00 (0.00%)
Pre Market
Last Updated: 09:00:03
Delayed by 15 minutes
Share Name Share Symbol Market Type
Volaris Aviation Holding NYSE:VLRS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.49 1 09:00:03

Volaris Reports December 2021 Traffic Results: 27% demand growth versus 2019 with an 86% Load Factor

12/01/2022 4:59pm

PR Newswire (US)


Volaris Aviation (NYSE:VLRS)
Historical Stock Chart


From Apr 2021 to Apr 2024

Click Here for more Volaris Aviation Charts.

MEXICO CITY, Jan. 6, 2022 /PRNewswire/ -- Volaris (the "Company") (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States, Central and South America reports its December 2021 preliminary traffic results.

Volaris Logo

In December 2021, passenger demand (RPMs) in the domestic Mexican and international markets for Volaris increased 34.9% and 10.8%, respectively, as compared to December 2019. The Company capitalized on the strong market demand to add capacity (ASMs), both domestically (+35.5%) and internationally (+20.8%), while maintaining a high load factor (85.9%). In December 2021, Volaris transported 2.6 million passengers, 31% higher than the pre-pandemic levels.

For the first quarter 2022, the capacity we currently have on sale represents an ASM growth of approximately 3% compared to the fourth quarter of 2021, implying around 53% ASM growth versus the first quarter of 2021. However, as we have demonstrated since the beginning of the pandemic, we will continue to actively manage capacity and will react accordingly if we observe a deterioration in demand in our markets associated with the Omicron variant.

Commenting on December traffic figures, Volaris' President and CEO Enrique Beltranena said: "We closed the year with solid results as we continued to deploy the appropriate levels of capacity to match the strong demand in our core leisure and VFR markets."


Dec 2021

Dec 2020
Variation

Dec 2019
Variation

FY 2021

FY 2020
Var.

FY 2019
Var.

RPMs (million, scheduled & charter)







Domestic

1,795

40.3%

34.9%

17,470

60.3%

17.5%

International

683

40.1%

10.8%

6,332

71.3%

2.8%

Total

2,478

40.3%

27.2%

23,802

63.1%

13.2%

ASMs (million, scheduled & charter)







Domestic

2,017

29.9%

35.5%

20,099

49.5%

19.0%

International

868

24.6%

20.8%

7,997

65.6%

5.1%

Total

2,885

28.2%

30.7%

28,097

53.7%

14.7%

Load Factor (%, scheduled, RPMs/ASMs)







Domestic

89.0%

6.6 pp

(0.4) pp

86.9%

5.9 pp

(1.1) pp

International

78.7%

8.7 pp

(7.1) pp

79.2%

2.6 pp

(1.8) pp

Total

85.9%

7.4 pp

(2.3) pp

84.7%

4.8 pp

(1.1) pp

Passengers (thousand, scheduled & charter)







Domestic

2,094

45.2%

36.2%

19,836

62.7%

12.4%

International

495

45.4%

14.2%

4,569

81.5%

5.7%

Total

2,589

45.2%

31.4%

24,405

65.9%

11.1%

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:
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ("Volaris" or the "Company") (NYSE: VLRS and BMV: VOLAR), is an ultra-low-cost carrier, with point-to-point operations, serving Mexico, the United States, Central and South America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since the beginning of operations in March 2006, Volaris has increased its routes from 5 to more than 185 and its fleet from 4 to 101 aircraft. Volaris offers more than 510 daily flight segments on routes that connect 43 cities in Mexico and 27 cities in the United States, Central and South America with one of the youngest fleet in Mexico. Volaris targets passengers who are visiting friends and relatives, cost-conscious business and leisure travelers in Mexico, the United States, Central and South America. Volaris has received the ESR Award for Social Corporate Responsibility for eleven consecutive years. For more information, please visit: www.volaris.com.

Investor Relations Contact
María Elena Rodríguez / Félix Martínez / ir@volaris.com 
Media Contact
Gabriela Fernández / gabriela.fernandez@volaris.com

 

SOURCE Volaris

Copyright 2022 PR Newswire

1 Year Volaris Aviation Chart

1 Year Volaris Aviation Chart

1 Month Volaris Aviation Chart

1 Month Volaris Aviation Chart

Your Recent History

Delayed Upgrade Clock