Form 6-K Controladora Vuela Compa For: May 05

 

 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of May 2021

 

Commission File Number: 001-36059

 

 

Controladora Vuela Compañía de Aviación, S.A.B. de C.V.

(Name of Registrant)

 

Av. Antonio Dovalí Jaime No. 70, 13 Floor, Tower B

Colonia Zedec Santa Fe

United Mexican States, Mexico City 01210

+(52) 55-5261-6400

(Address of Principal Executive Offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x

Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes ¨

No x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes ¨

No x

 

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ¨

No x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- __________

 

 

 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

	Controladora Vuela Compañía de Aviación, S.A.B. de C.V.
Date: May 5, 2021	By:	/s/ Enrique J. Beltranena Mejicano
	Name:	Enrique J. Beltranena Mejicano
	Title:	President and Chief Executive Officer
	By:	/s/ Jaime E. Pous Fernández
	Name:	Jaime E. Pous Fernández
	Title:	Chief Financial Officer

 

 

EXHIBIT INDEX

 

The following exhibit is filed as part of this Form 6-K:

 

Exhibit		Description
99.74		Press release dated May 5, 2021

 

 

 

 

Exhibit 99.74

 

 

 

Volaris reports April 2021 traffic results:

107% of 2019 capacity with 82% load factor

 

Mexico City, Mexico. May 5, 2021 – Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports April 2021 preliminary traffic results.

 

In the domestic Mexican market, demand continued to recover, and we capitalized on opportunities to add capacity, ending the month with 17.8% more ASMs (Available Seat Miles) than in April 2019. International capacity decreased 16.7% versus April 2019, as a result of COVID-19 related international travel restrictions. Total capacity for the month of April measured by ASMs was 107.3% of the same month in 2019. Demand measured by RPMs (Revenue Passenger Miles) was 104.6% as compared to the same month in 2019. Volaris transported 1.9 million passengers in April 2021, 3.3% higher than April 2019, and the booked load factor was 82.4%.

 

Volaris’ President and Chief Executive Officer, Enrique Beltranena, commenting on the traffic results for April 2021, said: “Our recovery was sustained in April and we believe there is room for improvement in the transborder US market during the following months. We are gradually seeing a better booking trend as customers make plans for spring and summer travel, especially in our core VFR and leisure segments.”

 

For the second quarter of 2021, the Company expects to operate approximately 110% of the 2019 second quarter capacity.

 

The following table summarizes Volaris traffic results for the month of April 2021.

 

		April 2021				April 2020 Variation				April 2019 Variation				YTD April 2021				YTD April 2020 Variation				YTD April 2019 Variation
RPMs (in millions, scheduled & charter)
Domestic			1,423				425.5	%			13.1	%			4,679				19.0	%			0.7	%
International			409				748.7	%			-17.1	%			1,355				-12.8	%			-26.8	%
Total			1,832				474.4	%			4.6	%			6,034				10.0	%			-7.1	%
ASMs (in millions, scheduled & charter)
Domestic			1,701				480.2	%			17.8	%			5,739				26.2	%			6.0	%
International			523				627.6	%			-16.7	%			1,865				-2.6	%			-21.0	%
Total			2,224				509.2	%			7.3	%			7,604				17.7	%			-2.2	%
Load Factor (in %, scheduled, RPMs/ASMs)
Domestic			83.7	%			(8.7	) pp			(3.5	) pp			81.5	%			(4.9	) pp			(4.2	) pp
International			78.3	%			11.2	pp			(0.4	) pp			72.7	%			(8.5	) pp			(5.9	) pp
Total			82.4	%			(5.0	) pp			(2.2	) pp			79.4	%			(5.5	) pp			(4.2	) pp
Passengers (in thousands, scheduled & charter)
Domestic			1,606				478.8	%			6.7	%			5,203				15.4	%			-5.5	%
International			306				952.0	%			-11.7	%			981				-8.9	%			-24.9	%
Total			1,912				523.8	%			3.3	%			6,183				10.7	%			-9.2	%

 

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.

 

About Volaris:

*(“Volaris” or the “Company”) (NYSE: VLRS and BMV: VOLAR), is an ultra-low-cost carrier (ULCC), with point-to-point operations, serving Mexico, the United States and Central America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since beginning operations in March 2006, Volaris has increased its routes from five to 170 and its fleet from four to 87 aircraft. Volaris offers more than 410 daily flight segments on routes that connect 43 cities in Mexico and 25 cities in the United States with one of the youngest fleet in The Americas. Volaris targets passengers who are visiting friends and relatives, cost-conscious business and leisure travelers in Mexico and in selected destinations in the United States and Central America. Volaris has received the ESR Award for Social Corporate Responsibility for eleven consecutive years. For more information, please visit: www.volaris.com.

 

Investor Relations contact: María Elena Rodríguez / Investor Relations / [email protected] / +52 55 5261 6444

Media contact: Gabriela Fernández / [email protected] / +52 55 5246 0100

 

 

 

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