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VLRS Volaris Aviation Holding

8.41
0.00 (0.00%)
07 May 2024 - Closed
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% 8.41 0 01:00:00

Volaris Reports June 2019 Traffic Results: High Load Factors, Domestic 91.3% and International 85.1%

03/07/2019 12:30pm

PR Newswire (US)


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MEXICO CITY, July 3, 2019 /PRNewswire/ -- Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reported June 2019 and preliminary year to date traffic results.

In June 2019, capacity measured by ASMs (Available Seat Miles) increased by 18.9% vs last year, with demand measured by RPMs (Revenue Passenger Miles) showing a significant increase of 22.2%. Volaris carried almost 1.9 M passengers in total (24.5% increase vs last year), with load factor increasing 2.3 pp to 89.3%.

During June 2019, Volaris started to operate five domestic routes, from Chihuahua, Durango and Queretaro; and four international routes, from Chicago, Dallas and Phoenix. 

Volaris' President and Chief Executive Officer, Enrique Beltranena, commenting on the traffic results for June: "The significant healthy capacity growth during the month is a result of a solid passenger demand in domestic and international markets."

The following table summarizes Volaris´ traffic results for the month and year to date. 


June
2019

June
2018

Variance

June

YTD 2019

June

 YTD 2018

Variance

RPMs (in millions, scheduled & charter)







Domestic

1,245

1,032

20.6%

7,198

5,996

20.0%

International

550

438

25.8%

2,916

2,495

16.9%

Total

1,795

1,470

22.2%

10,114

8,491

19.1%

ASMs (in millions, scheduled & charter)







Domestic

1,363

1,162

17.3%

8,221

6,935

18.6%

International

647

528

22.3%

3,637

3,180

14.3%

Total

2,010

1,690

18.9%

11,858

10,115

17.2%

Load Factor (in %, scheduled)







Domestic

91.3%

88.8%

   2.5 pp

87.6%

86.5%

1.1 pp

International

85.1%

82.9%

 2.2 pp

80.3%

78.5%

1.8 pp

Total

89.3%

87.0%

  2.3 pp

85.3%

84.0%

1.3 pp

Passengers (in thousands, scheduled & charter)







Domestic

1,495

1,203

24.2%

8,572

7,005

22.4%

International

382

305

25.7%

2,045

1,749

16.9%

Total

1,877

1,508

24.5%

10,617

8,754

21.3%

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 192 and its fleet from four to 78 aircraft. Volaris offers more than 380 daily flight segments on routes that connect 40 cities in Mexico and 25 cities in the United States and Central America with one of the youngest fleet in Americas. 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 ten consecutive years. For more information, please visit: www.volaris.com

Cision View original content:http://www.prnewswire.com/news-releases/volaris-reports-june-2019-traffic-results-high-load-factors-domestic-91-3-and-international-85-1-300879729.html

SOURCE Volaris

Copyright 2019 PR Newswire

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