Volaris increased its demand by 17% with an occupancy rate of 85%

This is the December 2022 traffic report

(Source: Volaris)

Controladora Vuela Compañía de Aviación, SAB de CV (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost airline operating in Mexico, the United States of America, Central and South America, reports its Preliminary traffic results for December 2022.

In December 2022, Volaris' capacity (measured in ASMs) increased 18.5% compared to the prior year, while demand (measured in RPMs) increased 16.9%; the result of the load factor was located at 84.7% (-1.2pp). During the month, Volaris transported 2.9 million passengers, an increase of 13.9% compared to the same month in 2021. Demand in the Mexican domestic and international markets had an increase of 13.3% and 26.1%, respectively. On a cumulative basis, demand increased 25.6% YoY, 0.6pp above the guidance established by the Company, increasing the load factor 0.9pp compared to the previous year, standing at 85.6%.

Volaris Executive Chairman and CEO Enrique Beltranena said: “Passenger traffic in December was solid and booking curves remain resilient. We continue to estimate that passenger growth will be in line with our anticipated capacity growth. At the end of the month, Volaris was affected by winter storm Elliott, which impacted its operations for three days. However, as a result of the hard work of the Volaris team, the company was able to rapidly recover all of its operations and respond to all affected customers. Although these types of disruptions can be challenging, I want to thank the Volaris Ambassadors for their extra effort during peak season to ensure our passengers are well taken care of."


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