Volaris Reports August 2022 Traffic Results: 20% YoY demand growth with an 85% Load Factor – QNT Press Release


MEXICO CITY, Sept. 5, 2022 /PRNewswire/ — Controladora Vuela Compañía de Aviación, SAB de CV (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “The Company”), the ultra-low-cost airline serving Mexico, the United StatesCentral, and South Americareports its August 2022 preliminary traffic results.

In August 2022Volaris’ capacity (measured in ASMs) increased 19.8% year-over-year, while demand (measured in RPMs) increased 20.0%; the result was a load factor of 84.9% (+0.1 pp). Volaris transported 2.7 million passengers during the month, a 20.1% increase compared to the same month of 2021. Demand in the domestic Mexican and international markets increased 18.7% and 23.4%, respectively. Year-to-date, Volaris’ demand increased 30.7% YoY, with load factor expanding 0.5 pp year-over-year, to 84.6%.

Commenting on August 2022 traffic figures, Volaris’ President and CEO Enrique Beltranena said: “Demand was strong in all our markets, and we have been able to maintain strong load factors while continuing to expand our network. We maintain our flexible network strategy and will continue stimulating our markets with low fares and adding new capacity based on the market demand.”

Aug 2022

Aug 2021

Variance

YTD Aug 2022

YTD Aug 2021

Variance

RPMs (million, scheduled & charter)

Domestic

1,925

1,622

18.7%

14,003

10,926

28.2%

International

760

616

23.4%

5,385

3,910

37.7%

Total

2,684

2,238

20.0%

Full story available on Benzinga.com



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