MEXICO
CITY, April 5, 2023 /PRNewswire/ -- Controladora
Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and
BMV: VOLAR) ("Volaris" or "the Company"), the ultra-low-cost
carrier (ULCC) serving Mexico,
the United States, Central, and
South America, reports its
March 2023 preliminary traffic results.
In March 2023, Volaris' capacity
(measured in ASMs) increased by 17.1% year-over-year, while demand
(measured in RPMs) increased by 15.7%; the result was a load factor
decrease of 1.0 pp YoY to 85.5%. Volaris transported 2.8 million
passengers during the month, a 12.6% increase compared to
March 2022. Demand in the domestic
Mexican and international markets increased by 8.7% and 35.4%,
respectively.
During the first quarter of 2023, the average economic fuel cost
stood at $3.45 per gallon, an
increase of 11.3% versus the first quarter of 2022 but a decrease
of 7.0% versus the fourth quarter of 2022.
Enrique Beltranena, Volaris'
President and CEO, said: "Overall traffic figures were healthy
in March, with strength in the U.S. transborder and Central America demand offsetting close-in
demand softness on our domestic routes. This also confirms the
strategic importance of our Central American expansion, which has
allowed Volaris to grow with profitability to the United States despite the limitations
associated with Mexico's Category
2 status."
|
Mar 2023
|
Mar 2022
|
Variance
|
YTD Mar 2023
|
YTD Mar 2022
|
Variance
|
|
RPMs (million,
scheduled & charter)
|
|
|
|
|
|
|
|
Domestic
|
1,916
|
1,763
|
8.7 %
|
5,546
|
4,895
|
13.3 %
|
|
International
|
861
|
636
|
35.4 %
|
2,521
|
1,833
|
37.5 %
|
|
Total
|
2,777
|
2,399
|
15.7 %
|
8,067
|
6,728
|
19.9 %
|
|
ASMs (million,
scheduled & charter)
|
|
|
|
|
|
|
|
Domestic
|
2,230
|
1,955
|
14.1 %
|
6,537
|
5,682
|
15.0 %
|
|
International
|
1,019
|
820
|
24.2 %
|
2,951
|
2,379
|
24.1 %
|
|
Total
|
3,249
|
2,775
|
17.1 %
|
9,488
|
8,061
|
17.7 %
|
|
Load Factor (%,
scheduled, RPMs/ASMs)
|
|
|
|
|
|
|
|
Domestic
|
85.9 %
|
90.2 %
|
(4.3) pp
|
84.8 %
|
86.2 %
|
(1.3) pp
|
|
International
|
84.5 %
|
77.6 %
|
6.9 pp
|
85.4 %
|
77.1 %
|
8.3 pp
|
|
Total
|
85.5 %
|
86.5 %
|
(1.0)
pp
|
85.0 %
|
83.5 %
|
1.5
pp
|
|
Passengers
(thousand, scheduled & charter)
|
|
|
|
|
|
|
|
Domestic
|
2,233
|
2,050
|
8.9 %
|
6,440
|
5,676
|
13.5 %
|
|
International
|
589
|
456
|
29.2 %
|
1,746
|
1,313
|
33.0 %
|
|
Total
|
2,822
|
2,506
|
12.6 %
|
8,186
|
6,989
|
17.1 %
|
The information included in this report has not been audited
and does not provide information on the company's future
performance. Volaris' future performance depends on many factors.
It cannot be inferred that any period's performance or its
comparison year over year will indicate 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 202 and its fleet from 4 to 120
aircraft. Volaris offers more than 550 daily flight segments on
routes that connect 43 cities in Mexico and 28 cities in the United States, Central, and South America, with 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
fourteen consecutive years. For more information, please visit
www.volaris.com.
Investor Relations Contact
Ricardo Martínez /
ir@volaris.com
Media Contact
Gabriela Fernández /
gabriela.fernandez@volaris.com
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SOURCE Controladora Vuela Compañía de Aviación, S.A.B. de
C.V.
