Friday, 7 December 2018

Mexico's Volaris issues latest results

The leading ultra-low-cost airline serving Mexico, the United States and Central America, Volaris has issued its latest figures for November 2018 and the year-to-date. 

During November 2018 Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 11.3% year over year. Total demand, as measured in Revenue Passenger Miles (RPMs), in November 2018 increased 17.1% year over year, reaching 1.6 billion. Volaris transported a total of 1.6 million passengers during the month, an increase of 16.6% year over year. Network load factor for November was 88.3%, an increase of 4.4 percentage points year over year. During November 2018, Volaris started to operate 12 domestic routes, from its focus cities Mexico City, Bajio and Guadalajara. Additionally, Volaris started to operate three international routes, two from Bajio to Sacramento and San Jose, California and one from Guadalajara to Albuquerque, New Mexico.

Volaris' President and Chief Executive Officer, Enrique Beltranena, commented: "Passenger demand continues to be solid for Volaris. We hit a record number of passengers transported during the month, positioning the airline as the domestic market leader during 2018". 
  

The following table summarizes Volaris traffic results for the month and year-to-date.

November
2018
November
2017
Variance
 November
YTD 2018
November
 YTD 2017
Variance
RPMs (in millions, scheduled & charter)






Domestic
1,126
964
16.8%
11,472
10,039
14.3%
International
424
360
18.0%
4,591
4,394
4.5%
Total
1,550
1,324
17.1%
16,063
14,433
11.3%
ASMs (in millions, scheduled & charter)






Domestic
1,228
1,098
11.9%
13,175
11,513
14.4%
International
528
480
10.0%
5,870
5,501
6.7%
Total
1,756
1,578
11.3%
19,045
17,014
11.9%
Load Factor (in %, scheduled)






Domestic
91.7%
87.8%
   3.9 pp
87.1%
87.2%
(0.1) pp
International
80.3%
74.8%
 5.5 pp
78.3%
79.8%
(1.5) pp
Total
88.3%
83.9%
  4.4 pp
84.4%
84.8%
(0.4) pp
Passengers (in thousands, scheduled & charter)






Domestic
1,336
1,148
16.5%
13,444
11,868
13.3%
International
302
257
17.1%
3,213
3,042
5.6%
Total
1,638
1,405
16.6%
16,657
14,910
11.7%

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.
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