Controladora Vuela Compañía de Aviación B de C : Press release dated January 6, 2022 - Form 6-K
January 06, 2022 at 04:48 pm EST
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Volaris Reports December 2021 Traffic Results:
27% demand growth versus 2019 with an 86% Load Factor
Mexico City, Mexico, January 6th, 2022 - Volaris (the "Company") (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States, Central and South America reports its December 2021 preliminary traffic results.
In December 2021, passenger demand (RPMs) in the domestic Mexican and international markets for Volaris increased 34.9% and 10.8%, respectively, as compared to December 2019. The Company capitalized on the strong market demand to add capacity (ASMs), both domestically (+35.5%) and internationally (+20.8%), while maintaining a high load factor (85.9%). In December 2021, Volaris transported 2.6 million passengers, 31% higher than the pre-pandemic levels.
For the first quarter 2022, the capacity we currently have on sale represents an ASM growth of approximately 3% compared to the fourth quarter of 2021, implying around 53% ASM growth versus the first quarter of 2021. However, as we have demonstrated since the beginning of the pandemic, we will continue to actively manage capacity and will react accordingly if we observe a deterioration in demand in our markets associated with the Omicron variant.
Commenting on December traffic figures, Volaris' President and CEO Enrique Beltranena said: "We closed the year with solid results as we continued to deploy the appropriate levels of capacity to match the strong demand in our core leisure and VFR markets."
Dec 2021
Dec 2020 Variation
Dec 2019 Variation
FY 2021
FY 2020 Var.
FY 2019 Var.
RPMs (million, scheduled & charter)
Domestic
1,795
40.3%
34.9%
17,470
60.3%
17.5%
International
683
40.1%
10.8%
6,332
71.3%
2.8%
Total
2,478
40.3%
27.2%
23,802
63.1%
13.2%
ASMs (million, scheduled & charter)
Domestic
2,017
29.9%
35.5%
20,099
49.5%
19.0%
International
868
24.6%
20.8%
7,997
65.6%
5.1%
Total
2,885
28.2%
30.7%
28,097
53.7%
14.7%
Load Factor (%, scheduled, RPMs/ASMs)
Domestic
89.0%
6.6 pp
(0.4) pp
86.9%
5.9 pp
(1.1) pp
International
78.7%
8.7 pp
(7.1) pp
79.2%
2.6 pp
(1.8) pp
Total
85.9%
7.4 pp
(2.3) pp
84.7%
4.8 pp
(1.1) pp
Passengers (thousand, scheduled & charter)
Domestic
2,094
45.2%
36.2%
19,836
62.7%
12.4%
International
495
45.4%
14.2%
4,569
81.5%
5.7%
Total
2,589
45.2%
31.4%
24,405
65.9%
11.1%
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 185 and its fleet from 4 to 101 aircraft. Volaris offers more than 510 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
Controladora Vuela Compañía de Aviación SAB de CV published this content on 06 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2022 21:47:07 UTC.
Controladora Vuela Compania de Aviacion SAB de CV is a Mexico-based company engaged in the airline passenger transportation sector. The Company operates as an ultra-low-cost carrier (ULCC). Its activities are divided into two geographical regions: Mexico (national operations), as well as the Unites States and Central America (international operations). The Company offers direct, point-to-point flights. The Company serves through secondary, lower cost airports and provides a single class of service. Its fleet includes a number of Airbus aircrafts, such as A319, A320 and A321. The Company operates through Comercializadora Volaris SA de CV, Servicios Corporativos Volaris SA de CV and Servicios Operativos Terrestres Volaris SA de CV, among others.