Volaris (the “Company”) (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States, Central, and South America, reports its June 2022 preliminary traffic results.
In June 2022, Volaris’ capacity (measured in ASMs) increased 17.2% compared to June 2021, while demand (measured in RPMs) increased 10.9% compared to the same period; the result was a load factor of 84.4% (-4.7 pp YoY). Volaris transported 2.4 million passengers during the month, a 10.4% increase compared to June 2021. Passenger demand (RPMs) in the domestic Mexican and international markets increased 9.9% and 13.5%, respectively, compared to June 2021. Year-to-date, Volaris’ demand (measured in RPMs) increased 34.5% YoY, with a load factor expansion of 1.1 pp, to 84.0%.
Commenting on June 2022 traffic figures, Volaris’ President and CEO Enrique Beltranena said: “Volaris remains disciplined about adding capacity to match passenger demand. During the quarter, the Company passed on a portion of higher jet prices through fare increases or, in certain cases, reallocated flights to more profitable routes. We will continue to be nimble and responsive to market conditions in the coming months.”
|
Jun 2022 |
Jun 2021 |
Variance |
YTD Jun 2022 |
YTD Jun 2021 |
Variance |
|
|
RPMs (million, scheduled & charter) |
||||||
|
Domestic |
1,626 |
1,480 |
9.9 % |
9,951 |
7,680 |
29.6 % |
|
International |
722 |
636 |
13.5 % |
3,884 |
2,604 |
49.1 % |
|
Total |
2,347 |
2,116 |
10.9 % |
13,834 |
10,284 |
34.5 % |
|
ASMs (million, scheduled & charter) |
||||||
|
Domestic |
1,873 |
1,635 |
14.6 % |
11,466 |
9,050 |
26.7 % |
|
International |
908 |
739 |
22.9 % |
5,005 |
3,357 |
49.1 % |
|
Total |
2,781 |
2,373 |
17.2 % |
16,472 |
12,408 |
32.8 % |
|
Load Factor (%, scheduled, RPMs/ASMs) |
||||||
|
Domestic |
86.8 % |
90.5 % |
(3.7) pp |
86.8 % |
84.9 % |
1.9 pp |
|
International |
79.5 % |
86.1 % |
(6.6) pp |
77.6 % |
77.6 % |
0.0 pp |
|
Total |
84.4 % |
89.1 % |
(4.7) pp |
84.0 % |
82.9 % |
1.1 pp |
|
Passengers (thousand, scheduled & charter) |
||||||
|
Domestic |
1,861 |
1,676 |
11.1 % |
11,535 |
8,590 |
34.3 % |
|
International |
494 |
458 |
7.8 % |
2,738 |
1,884 |
45.3 % |
|
Total |
2,354 |
2,134 |
10.4 % |
14,272 |
10,474 |
36.3 % |
|
Economic Jet Fuel Price (USD per gallon, preliminary) |
||||||
|
Average |
4.60 |
2.22 |
107.2 % |
3.80 |
2.04 |
86.3 % |
