STOCK TITAN

Volaris Reports June 2021 Traffic Results: 118% of 2019 Capacity and 89% Load Factor

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Volaris (NYSE: VLRS) reported significant growth in its June 2021 traffic results, with passenger demand increasing 18.9% domestically and 15.5% internationally compared to June 2019. The airline transported 2.1 million passengers, reflecting a 14% rise over pre-pandemic levels. Volaris added 20% capacity domestically and 14.2% internationally, achieving a robust load factor of 89.1%. Cumulatively, the airline's operations show a recovery in air travel demand, essential for future profitability.

Positive
  • Demand increased by 18.9% in domestic and 15.5% in international markets compared to June 2019.
  • Transports 2.1 million passengers, 14% higher than pre-pandemic levels.
  • Domestic capacity increased by 20% and international by 14.2%.
  • Achieved a load factor of 89.1%.
Negative
  • International passengers decreased by 10.7% compared to YTD June 2019.
  • Load factor dropped by 0.2 pp compared to the previous month.

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

Volaris

In June 2021, demand in the domestic Mexican and international markets for Volaris increased 18.9% and 15.5%, compared to June 2019, respectively. The Company capitalized on opportunities to add capacity, both domestically (+20.0%) and internationally (+14.2%), while maintaining a high load factor (89.1%). In June 2021, Volaris transported 2.1 million passengers, 14% higher than the pre-pandemic levels.


June 2021

June 2020 Variation

June 2019 Variation

YTD June 2021

YTD June 2020 Var.

YTD June 2019 Var.

RPMs (million, scheduled & charter)







Domestic

1,480

209.4%

18.9%

7,680

67.1%

6.7%

International

636

408.6%

15.5%

2,604

52.4%

(10.7)%

Total

2,116

250.7%

17.8%

10,284

63.1%

1.7%

ASMs (million, scheduled & charter)







Domestic

1,635

137.0%

20.0%

9,050

65.9%

10.1%

International

739

446.8%

14.2%

3,357

61.6%

(7.7)%

Total

2,373

187.7%

18.1%

12,408

64.7%

4.6%

Load Factor (%, scheduled, RPMs/ASMs)







Domestic

90.5%

21.2 pp

(0.8) pp

84.9%

0.6 pp

(2.7) pp

International

86.0%

(6.5) pp

1.0 pp

77.5%

(4.7) pp

(2.7) pp

Total

89.1%

16.0 pp

(0.2) pp

82.9%

(0.8) pp

(2.5) pp

Passengers (thousand, scheduled & charter)







Domestic

1,676

231.7%

12.1%

8,590

65.0%

0.2%

International

458

474.8%

19.7%

1,884

60.2%

(7.9)%

Total

2,134

264.8%

13.6%

10,474

64.1%

(1.3)%

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:

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ("Volaris" or the "Company") 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 180 and its fleet from four to 92 aircraft. Volaris offers more than 430 daily flight segments on routes that connect 43 cities in Mexico and 25 cities in the United States with one of the youngest fleets 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 / Félix Martínez / Investor Relations / ir@volaris.com / +52 55 5261 6444

Media Contact

Gabriela Fernández / gabriela.fernandez@volaris.com / +52 55 3104 5264

Logo - https://mma.prnewswire.com/media/194587/volaris_logo.jpg 

Cision View original content:https://www.prnewswire.com/news-releases/volaris-reports-june-2021-traffic-results-118-of-2019-capacity-and-89-load-factor-301325718.html

SOURCE Volaris

FAQ

What are Volaris' June 2021 traffic results?

In June 2021, Volaris reported an 18.9% increase in domestic demand and a 15.5% increase internationally compared to June 2019.

How many passengers did Volaris transport in June 2021?

Volaris transported 2.1 million passengers in June 2021, which is 14% higher than pre-pandemic levels.

What was Volaris' load factor in June 2021?

Volaris achieved a load factor of 89.1% in June 2021.

How did Volaris' capacity change in June 2021?

Volaris increased its domestic capacity by 20% and international capacity by 14.2% in June 2021.

What is the stock symbol for Volaris?

Volaris is listed under the stock symbol VLRS on the NYSE.

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

NYSE:VLRS

VLRS Rankings

VLRS Latest News

VLRS Stock Data

973.55M
1.17B
57.75%
1.39%
Airlines
Industrials
Link
United States of America
Mexico City