MEXICO CITY, Sept. 3, 2020 /PRNewswire/ -- Volaris* (NYSE:
VLRS and BMV: VOLAR), the ultra-low-cost airline
serving Mexico, the United States and Central America, reports August
2020 preliminary traffic results.
Volaris leads the recovery in air travel in Mexico with a solid month-on-month capacity
improvement, driven by resilient VFR (Visiting Friends and
Relatives) traffic and a large bus switching target market. In
August 2020, capacity
measured by ASMs (Available Seat Miles) was 78.6% compared to the
same month of last year, an increase of 21.8% versus July 2020. Demand measured by RPMs
(Revenue Passenger Miles) was 68.4% of last year's. This represents
an increase of 20.8% versus the previous month. Volaris
transported a total of 1.2 million passengers during the
month of August 2020, which
represents 64.9% of August 2019 and
an increase of 21.6% versus July
2020. Booked load factor for August 2020 was 72.6%, a decrease of 10.9 pp year
over year, explained by a significant ramp-up in capacity in the
US. Flown load factor in August was closer to booked load factor,
with no shows returning to more normal levels.
Volaris' President and Chief Executive Officer, Enrique Beltranena, commenting on the traffic
results for August 2020, said:
"Volaris is leading Mexico's
aviation market recovery and supporting domestic tourism. During
August, Volaris served 62 airports and 141 routes -covering 95% of
airports and 75% of routes operated prior to the COVID-19 pandemic.
While the domestic market capacity is shrinking by around a third
due to restructuring processes at other Mexican carriers, our
ultra-low-cost business model has allowed us to ramp-up more
quickly and strengthen our competitive position."
In July, more than 45% of the passengers in the domestic market
were carried by Volaris. For September
2020, Volaris plans to operate approximately 75% of its
capacity, as measured by ASMs, versus the originally published
schedule, in response to a gradual recovery in demand for its air
transportation services.
The following table summarizes Volaris traffic results for the
month and year to date.
|
August
2020
|
July
2020
|
Variance
|
August
2019
|
Variance
|
August
YTD 2020
|
August
YTD
2019
|
Variance
|
|
RPMs (in
millions, scheduled & charter)
|
|
|
|
|
|
|
|
|
Domestic
|
942
|
796
|
18.5%
|
1,253
|
(24.8%)
|
6,334
|
9,769
|
(35.2%)
|
International
|
284
|
219
|
29.3%
|
541
|
(47.5%)
|
2,211
|
4,083
|
(45.8%)
|
Total
|
1,226
|
1,015
|
20.8%
|
1,794
|
(31.6%)
|
8,545
|
13,852
|
(38.3%)
|
ASMs (in
millions, scheduled & charter)
|
|
|
|
|
|
|
|
|
Domestic
|
1,280
|
1,127
|
13.6%
|
1,456
|
(12.1%)
|
7,862
|
11,147
|
(29.5%)
|
International
|
410
|
260
|
57.1%
|
694
|
(41.1%)
|
2,748
|
5,051
|
(45.6%)
|
Total
|
1,690
|
1,387
|
21.8%
|
2,150
|
(21.4%)
|
10,610
|
16,198
|
(34.5%)
|
Load Factor
(in %, scheduled, RPMs/ASMs)
|
|
|
|
|
|
|
|
|
Domestic
|
73.6%
|
70.6%
|
3.0 pp
|
86.1%
|
(12.5) pp
|
80.6%
|
87.6%
|
(7.0) pp
|
International
|
69.2%
|
84.1%
|
(14.9) pp
|
77.9%
|
(8.7) pp
|
80.5%
|
80.9%
|
(0.4) pp
|
Total
|
72.6%
|
73.1%
|
(0.5) pp
|
83.4%
|
(10.8) pp
|
80.5%
|
85.6%
|
(5.1) pp
|
Passengers (in
thousands, scheduled & charter)
|
|
|
|
|
|
|
|
|
Domestic
|
1,025
|
853
|
20.1%
|
1,494
|
(31.4%)
|
7,085
|
11,633
|
(39.1%)
|
International
|
187
|
143
|
30.7%
|
374
|
(50.2%)
|
1,505
|
2,856
|
(47.3%)
|
Total
|
1,212
|
996
|
21.6%
|
1,868
|
(35.1%)
|
8,590
|
14,489
|
(40.7%)
|
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.
About Volaris:
*("Volaris" or the "Company") (NYSE:
VLRS and BMV: VOLAR), is an ultra-low-cost carrier (ULCC), with
point-to-point operations, serving Mexico, the United
States and Central America.
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 142 and its fleet from
four to 83 aircraft. Volaris offers more than 290 daily flight
segments on routes that connect 41 cities in Mexico and 22 cities in the United States with one of the youngest
fleet in The Americas. Volaris targets passengers who are visiting
friends and relatives, cost-conscious business and leisure
travelers in Mexico and in
selected destinations in the United
States and Central 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
& Andrea González/ Investor Relations / ir@volaris.com / +52 55
5261 6444
Media contact: Gabriela Fernández / volaris@gcya.mx / +52 55
5246 0100
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SOURCE Volaris