Volaris reports traffic results for May 2022
The firm transported 2.5 million passengers. The highest figure during its entire history during that period. The figure represents an increase of 17.5% compared to 2021
Volaris (the “Company”) (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline operating in Mexico, the United States of America, Central and South America, reports its preliminary traffic results for May 2022.
In May 2022, Volaris capacity (measured in ASMs) increased 12.4% compared to May 2021, while demand (measured in RPMs) increased 12.3% compared to the same period of the previous year; load factor was 87.8% (stable y/y). During the month, Volaris transported 2.5 million passengers, which represents an increase of 17.5% compared to May 2021, as the Company increased its fleet from 87 aircraft in May 2021 to 110 aircraft in May 2022. In addition, Volaris passenger demand (RPMs) in the domestic and international markets increased by 15.6% and 4.1%, respectively, compared to May 2021. Year to date, demand (measured in RPMs) increased 41.2 % y/y, with an increase in load factor of 3.2pp, standing at 84.6%.
Commenting on the May traffic figures, Volaris CEO and CEO Enrique Beltranena said: “Demand remained strong in the month of May, and Volaris demonstrated its ability to gradually pass on increased prices to passengers. fuel prices. We continue to grow with sustained traffic volume and improving TRASM."
Last month Volaris announced a point-to-point network plan to offer approximately one million seats per month from the three airports in the Mexico City metropolitan area, that is, Mexico City International Airport (AICM), Felipe Angeles International Airport (AIFA) and Toluca International Airport (TLC). Volaris will inaugurate ten additional routes from the AIFA (Acapulco, Guadalajara, Huatulco, La Paz, Mérida, Mexicali, Oaxaca, Puerto Vallarta, Puerto Escondido and Los Cabos) and will restart its operations in TLC with six new routes (Tijuana, Puerto Vallarta, Cancún , Guadalajara, Los Cabos and Huatulco).
Regarding the expansion plans of the Company's network in Mexico City, Mr. Beltranena said: "The metropolitan area of Mexico City has a potential market of 30 million passengers distributed in a wide geographical area. By diversifying our operations to the three airports in the Mexico City metropolitan area, our passengers will be able to travel to the nearest airport, reducing time, distance and costs." Mr. Beltranena added, "The key benefit of our plan to offer one million seats to Mexico City passengers is that Volaris will maintain its strong position in the market, while also expanding in NAFTA and AIFA." In addition, we will strengthen operations in Puebla and Querétaro, all the airports in the metropolitan area.