Volaris Reports December and Full Year 2018 Traffic Results, Passenger Growth of 15% and 12%, Respectively

Volaris (NYSE: VLRS and BMV: VOLAR) reports December and full year 2018 preliminary traffic results.

During December and full year 2018 Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 6.4% and 11.4% year over year, respectively. Total demand, as measured in Revenue Passenger Miles (RPMs), for December and full year 2018 increased 13.5% and 11.5% year over year, respectively. Volaris transported a total of 1.7 million passengers during the month of December, an increase of 14.7% year over year. Full year 2018, Volaris transported a total of 18.4 million passengers, an increase of 12.0% year over year. Network load factor for December and full year 2018 were 85.8% and 84.5%, respectively.

During December 2018, Volaris launched one domestic route (Ciudad Juarez, Chihuahua to Culiacan, Sinaloa). Additionally, Volaris started to operate one domestic route (Guadalajara, Jalisco to Tapachula, Chiapas) and one international route (Guadalajara, Jalisco to Charlotte, North Carolina).

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

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

December
2018

December
2017

Variance

 Full year

2018

Full year

 2017

Variance

RPMs (in millions, scheduled & charter)

Domestic

1,183

1,015

16.6%

12,655

11,054

14.5%

International

503

470

7.0%

5,093

4,863

4.7%

Total

1,686

1,485

13.5%

17,748

15,917

11.5%

ASMs (in millions, scheduled & charter)

Domestic

1,344

1,227

9.6%

14,519

12,740

14.0%

International

621

620

0.1%

6,491

6,121

6.0%

Total

1,965

1,847

6.4%

21,010

18,861

11.4%

Load Factor (in %, scheduled)

Domestic

88.0%

82.8%

   5.2 pp

87.2%

86.8%

0.4 pp

International

80.9%

75.7%

 5.2 pp

78.5%

79.4%

(0.9) pp

Total

85.8%

80.4%

  5.4 pp

84.5%

84.4%

0.1 pp

Passengers (in thousands, scheduled &
charter)

Domestic

1,385

1,183

17.1%

14,829

13,051

13.6%

International

354

334

6.2%

3,567

3,376

5.7%

Total

1,739

1,517

14.7%

18,396

16,427

12.0%