Volaris Reports a 2% Increase in Passengers and an 80% Load Factor for March 2014
MEXICO CITY, April 9, 2014 /PRNewswire/ -- Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico and the US, today reported its preliminary traffic results for March 2014.
The total number of booked passengers in March 2014 reached 723 thousand, a 1.7% increase compared to the same period in 2013. Volaris' demand, measured in Revenue Passenger Miles (RPMs) increased 2.0% year over year in March 2014. Volaris registered a load factor of 80.4% in March 2014. Volaris' capacity in March 2014, measured in Available Seat Miles (ASMs) increased only 6.3% year over year. This result reflects the Company's capacity management discipline and the ability to flex its network growth up in a period of strong demand and flex down when demand is low.
As opposed to March 2013, Holy week, one of the most active travel weeks in Mexico, will happen in April of 2014.
The following table summarizes Volaris' traffic results for the month.
| March |
March |
Variance |
Three |
Three |
Variance |
|
| RPMs (Millions) |
||||||
| Domestic |
545 |
533 |
2.3% |
1,639 |
1,476 |
11.0% |
| International |
188 |
186 |
1.3% |
575 |
524 |
9.7% |
| Total |
733 |
719 |
2.0% |
2,214 |
2,000 |
10.7% |
| ASMs (Millions) |
||||||
| Domestic |
679 |
647 |
4.9% |
2,044 |
1,857 |
10.1% |
| International |
233 |
210 |
10.6% |
698 |
618 |
12.9% |
| Total |
911 |
857 |
6.3% |
2,742 |
2,475 |
10.8% |
| Load Factor |
||||||
| Domestic |
80.3% |
82.3% |
(2.1) pp |
80.2% |
79.5% |
0.7 pp |
| International |
80.9% |
88.3% |
(7.4) pp |
82.4% |
84.8% |
(2.4) pp |
| Total |
80.4% |
83.8% |
(3.4) pp |
80.7% |
80.8% |
(0.1) pp |
| Passengers (Thousands) |
||||||
| Domestic |
594 |
586 |
1.3% |
1,768 |
1,609 |
9.8% |
| International |
129 |
124 |
3.7% |
394 |
351 |
12.0% |
| Total |
723 |
711 |
1.7% |
2,161 |
1,961 |
10.2% |
Investor Relations contact:
Andres Pliego / Investor Relations / [email protected] / +52-55-5261-6444
Media contact:
Jimena Llano / [email protected] / +52-1-55-4577-0857
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 Compania de Aviacion, S.A.B. de C.V. ("Volaris" or the "Company") (NYSE: VLRS and BMV: VOLAR), is an ultra-low-cost carrier (ULCC), with "point to point" service, serving Mexico and the US. 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 100 and its fleet from four to 46 aircraft. Volaris offers more than 200 daily flight segments on routes that connect 33 cities in Mexico and 13 cities in the United States with the youngest aircraft fleet in Mexico. 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. Volaris is recognized as one of the leading new companies in the country. Among other awards it has received the ESR Award for Social Corporate Responsibility for three consecutive years. For more information, please visit: www.volaris.com
SOURCE Volaris
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