Volaris (VLRS) Load Factor Rose 6.3 Points in Sept. 2016

October 5, 2016 8:08 AM EDT
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Volaris* (NYSE: VLRS) reports September 2016 and year-to-date preliminary traffic results.

During September 2016 Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 19.2% year over year, in response to strong demand in its domestic and international markets. Total demand, as measured in Revenue Passenger Miles (RPMs), in September 2016 increased 28.9% year over year, reaching 1.1 billion. Volaris transported a total of 1.2 million passengers during the month, an increase of 29.3% year over year. Year-to-date, Volaris has transported over 11.0 million passengers, an increase of 26.4% year over year.

In September 2016, Volaris increased domestic and international ASMs by 15.9% and 27.6%, respectively. Network load factor for September reached 84.2%, an increase of 6.3 percentage points year over year.

The following table summarizes Volaris traffic results for the month and year-to-date.

Nine months Nine months
September September Variance ended ended Variance
2016 2015 September September
2016 2015
RPMs (in millions, scheduled & charter)
Domestic774 604 28.1% 7,373 5,905 24.9%
International312 238 30.9% 3,180 2,520 26.2%
Total1,086 842 28.9% 10,553 8,425 25.2%
ASMs (in millions, scheduled & charter)
Domestic899 775 15.9% 8,512 7,188 18.4%
International390 306 27.6% 3,702 3,070 20.6%
Total1,289 1,081 19.2% 12,214 10,258 19.1%
Load Factor (in %, scheduled)
Domestic86.1% 77.9% 8.2 pp 86.6% 82.1% 4.5 pp
International79.9% 78.0% 1.9 pp 85.9% 82.0% 3.9 pp
Total84.2% 77.9% 6.3 pp 86.4% 82.1% 4.3 pp
Passengers (in thousands, scheduled & charter)
Domestic938 728 28.9% 8,831 7,001 26.1%
International216 164 31.3% 2,207 1,728 27.8%
Total1,154 892 29.3% 11,038 8,729 26.4%

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.



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