Volaris Reports November 2021 Traffic Results: 26% demand growth versus 2019 with an 89% Load Factor

Rhea-AI Summary

Volaris (NYSE: VLRS) reported strong preliminary traffic results for November 2021, highlighting a 30.4% increase in domestic passenger demand and a 14.2% rise in international markets, compared to November 2019. The airline transported 2.4 million passengers, up 27% from pre-pandemic levels. Capacity increased 29.9% domestically and 18.0% internationally, maintaining a high load factor of 88.5%.

Positive

• Domestic passenger demand increased by 30.4% compared to November 2019.
• International passenger demand rose by 14.2% compared to November 2019.
• Total passengers transported reached 2.4 million, up 27% from pre-pandemic levels.
• Domestic capacity increased by 29.9%, while international capacity grew by 18.0%.
• High load factor maintained at 88.5%.

Negative

• None.

MEXICO CITY, Dec. 6, 2021 /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 November 2021 preliminary traffic results.

In November 2021, passenger demand (RPMs) in the domestic Mexican and international markets for Volaris increased 30.4% and 14.2%, respectively, as compared to November 2019. The Company capitalized on the strong market demand to add capacity (ASMs), both domestically (+29.9%) and internationally (+18.0%), while maintaining a high load factor (88.5%). In November 2021, Volaris transported 2.4 million passengers, 27% higher than the pre-pandemic levels.

Commenting on November traffic figures, Volaris' President and CEO Enrique Beltranena said: "We continue to deploy the appropriate levels of capacity to match the solid demand in our core leisure and VFR markets, performing with consistency."

	Nov 2021	Nov 2020 Variation	Nov 2019 Variation	YTD Nov 2021	YTD Nov 2020 Var.	YTD Nov 2019 Var.
RPMs (million, scheduled & charter)
Domestic	1,681	38.3%	30.4%	15,675	62.9%	15.8%
International	598	52.3%	14.2%	5,650	76.0%	1.9%
Total	2,279	41.7%	25.7%	21,325	66.2%	11.7%
ASMs (million, scheduled & charter)
Domestic	1,836	26.9%	29.9%	18,082	52.0%	17.4%
International	738	34.1%	18.0%	7,129	72.5%	3.5%
Total	2,574	28.8%	26.2%	25,211	57.3%	13.1%
Load Factor (%, scheduled, RPMs/ASMs)
Domestic	91.6%	7.6 pp	0.4 pp	86.7%	5.8 pp	(1.2) pp
International	81.0%	9.7 pp	(2.7) pp	79.2%	1.6 pp	(1.3) pp
Total	88.5%	8.0 pp	(0.4) pp	84.6%	4.5 pp	(1.0) pp
Passengers (thousand, scheduled & charter)
Domestic	1,975	44.0%	29.5%	17,742	65.0%	10.1%
International	434	62.2%	17.0%	4,074	87.2%	4.8%
Total	2,409	47.0%	27.1%	21,817	68.7%	9.1%

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 183 and its fleet from 4 to 100 aircraft. Volaris offers more than 480 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

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SOURCE Volaris

FAQ

What were the passenger demand figures for Volaris in November 2021?

In November 2021, Volaris reported a 30.4% increase in domestic passenger demand and a 14.2% increase in international passenger demand compared to November 2019.

How many passengers did Volaris transport in November 2021?

Volaris transported 2.4 million passengers in November 2021, which is 27% higher than pre-pandemic levels.

What is the load factor reported by Volaris for November 2021?

Volaris maintained a high load factor of 88.5% in November 2021.

What capacity increases did Volaris achieve in November 2021?

Volaris increased its domestic capacity by 29.9% and international capacity by 18.0% in November 2021.