Volaris Reports November 2014 Traffic Results, Passenger Traffic Growth of 17% and Load Factor Improvement of 7 Percentage Points, while Maintaining Capacity Discipline in Domestic Market and Growth in International Market
MEXICO CITY, Dec. 4, 2014 /PRNewswire/ -- Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico and the United States, today reported its preliminary traffic results for November 2014.
During the month of November 2014, Volaris continued to demonstrate capacity discipline in the domestic market and growth in the international market. This resulted in total network load factor reaching 84.6%, an increase of 7.0 percentage points compared to the same period of 2013. Year-to-date load factor was 82.2%. Total capacity as measured in Available Seat Miles (ASMs) for the month of November increased by 1.7%, and total passengers reached 847 thousand, an increase of 16.6%. Year-to-date booked passengers reached 8.8 million, an increase of 9.3%. Volaris' total demand for the month of November measured in Revenue Passenger Miles (RPMs) increased 10.8% year over year, reaching 795 million.
During the month of November 2014, Volaris started operating three new domestic routes (Mexico City - Huatulco, Mexico City – Tapachula and Tijuana - Merida) and four international routes (Guadalajara – Chicago O'Hare, Guadalajara – Orlando, Oakland – Morelia and Oakland – Leon/Bajio).
The following table summarizes Volaris' traffic results for the month.
Nov. |
Nov. |
Variance |
Eleven |
Eleven |
Variance |
|
RPMs (Millions) |
||||||
Domestic |
587 |
549 |
6.9% |
6,448 |
6,129 |
5.2% |
International |
208 |
168 |
23.6% |
2,297 |
1,964 |
16.9% |
Total |
795 |
717 |
10.8% |
8,745 |
8,093 |
8.1% |
ASMs (Millions) |
||||||
Domestic |
688 |
698 |
(1.5%) |
7,925 |
7,458 |
6.3% |
International |
252 |
226 |
11.4% |
2,713 |
2,333 |
16.3% |
Total |
940 |
924 |
1.7% |
10,638 |
9,791 |
8.7% |
Load Factor |
||||||
Domestic |
85.3% |
78.6% |
6.7 pp |
81.4% |
82.2% |
(0.8) pp |
International |
82.5% |
74.3% |
8.2 pp |
84.6% |
84.2% |
0.4 pp |
Total |
84.6% |
77.6% |
7.0 pp |
82.2% |
82.7% |
(0.5) pp |
Passengers (Thousands) |
||||||
Domestic |
705 |
613 |
15.1% |
7,244 |
6,743 |
7.4% |
International |
142 |
114 |
24.7% |
1,572 |
1,322 |
18.9% |
Total |
847 |
727 |
16.6% |
8,816 |
8,065 |
9.3% |
Investor Relations contact:
Andres Pliego / Investor Relations / [email protected] / +52 55 5261 6444
Media contact:
Cynthia Llanos / [email protected] / +52 1 55 4577 0803
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 operations, serving Mexico and the United States. 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 129 and its fleet from four to 50 aircraft. Volaris offers more than 220 daily flight segments on routes that connect 36 cities in Mexico and 17 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 has received the ESR Award for Social Corporate Responsibility for five consecutive years. For more information, please visit: www.volaris.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/volaris-reports-november-2014-traffic-results-passenger-traffic-growth-of-17-and-load-factor-improvement-of-7-percentage-points-while-maintaining-capacity-discipline-in-domestic-market-and-growth-in-international-market-300005174.html
SOURCE Volaris
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