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Volaris reports April 2021 traffic results: 107% of 2019 capacity with 82% load factor

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Volaris (NYSE: VLRS) reported April 2021 traffic results, showing a recovery in domestic demand with a 17.8% increase in ASMs compared to April 2019. Total capacity reached 107.3% of April 2019 levels, while demand measured by RPMs was at 104.6%. The airline transported 1.9 million passengers, 3.3% higher than in April 2019, with a load factor of 82.4%. However, international capacity declined by 16.7% due to continued COVID-19 restrictions. For Q2 2021, Volaris expects to operate approximately 110% of its 2019 capacity.

Positive
  • Domestic RPMs increased by 425.5% year-over-year.
  • Total capacity rebounded to 107.3% of April 2019 levels.
  • 1.9 million passengers transported, up 3.3% from April 2019.
  • Load factor at a solid 82.4%.
Negative
  • International capacity fell by 16.7% compared to April 2019.
  • Load factor decreased by 5.0 percentage points compared to April 2020.

MEXICO CITY, May 5, 2021 /PRNewswire/ -- Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports April 2021 preliminary traffic results.

Volaris Logo

In the domestic Mexican market, demand continued to recover, and we capitalized on opportunities to add capacity, ending the month with 17.8% more ASMs (Available Seat Miles) than in April 2019. International capacity decreased 16.7% versus April 2019, as a result of COVID-19 related international travel restrictions. Total capacity for the month of April measured by ASMs was 107.3% of the same month in 2019. Demand measured by RPMs (Revenue Passenger Miles) was 104.6% as compared to the same month in 2019. Volaris transported 1.9 million passengers in April 2021, 3.3% higher than April 2019, and the booked load factor was 82.4%.

Volaris' President and Chief Executive Officer, Enrique Beltranena, commenting on the traffic results for April 2021, said: "Our recovery was sustained in April and we believe there is room for improvement in the transborder US market during the following months. We are gradually seeing a better booking trend as customers make plans for spring and summer travel, especially in our core VFR and leisure segments."

For the second quarter of 2021, the Company expects to operate approximately 110% of the 2019 second quarter capacity. 

The following table summarizes Volaris traffic results for the month of April 2021.


April 2021

April 2020
Variation

April 2019
Variation

YTD April 2021

YTD April 2020
Variation

YTD April 2019
Variation

RPMs (in millions, scheduled &
charter)







Domestic

1,423

425.5%

13.1%

4,679

19.0%

0.7%

International

409

748.7%

-17.1%

1,355

-12.8%

-26.8%

Total

1,832

474.4%

4.6%

6,034

10.0%

-7.1%

ASMs (in millions, scheduled &
charter)







Domestic

1,701

480.2%

17.8%

5,739

26.2%

6.0%

International

523

627.6%

-16.7%

1,865

-2.6%

-21.0%

Total

2,224

509.2%

7.3%

7,604

17.7%

-2.2%

Load Factor (in %, scheduled,
RPMs/ASMs)







Domestic

83.7%

(8.7) pp

(3.5) pp

81.5%

(4.9) pp

(4.2) pp

International

78.3%

11.2 pp

(0.4) pp

72.7%

(8.5) pp

(5.9) pp

Total

82.4%

(5.0) pp

(2.2) pp

79.4%

(5.5) pp

(4.2) pp

Passengers (in thousands,
scheduled & charter)







Domestic

1,606

478.8%

6.7%

5,203

15.4%

-5.5%

International

306

952.0%

-11.7%

981

-8.9%

-24.9%

Total

1,912

523.8%

3.3%

6,183

10.7%

-9.2%

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 170 and its fleet from four to 87 aircraft. Volaris offers more than 410 daily flight segments on routes that connect 43 cities in Mexico and 25 cities in the United States with one of the youngest fleet in The Americas. Volaris targets passengers who are visiting friends and relatives, cost-conscious business and leisure travelers in Mexico and in selected destinations in the United States and Central 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 / Investor Relations / ir@volaris.com / +52 55 5261 6444
Media contact: Gabriela Fernández / volaris@gcya.mx / +52 55 5246 0100

Cision View original content:http://www.prnewswire.com/news-releases/volaris-reports-april-2021-traffic-results-107-of-2019-capacity-with-82-load-factor-301285060.html

SOURCE Volaris

FAQ

What were Volaris traffic results for April 2021?

Volaris transported 1.9 million passengers with a load factor of 82.4%.

How did Volaris capacity compare to April 2019?

Total capacity was at 107.3% of April 2019 levels.

What is the expected capacity for Volaris in Q2 2021?

Volaris expects to operate approximately 110% of its 2019 second quarter capacity.

What was the increase in domestic RPMs for Volaris in April 2021?

Domestic RPMs increased by 425.5% year-over-year.

How did international capacity change for Volaris in April 2021?

International capacity decreased by 16.7% compared to April 2019.

CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.B. DE C.V.

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