Volaris Reports October 2016 Traffic Results, Passenger Traffic Growth of 24%

November 4, 2016

MEXICO CITY--(BUSINESS WIRE)-- Volaris* (NYSE:VLRS and BMV:VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports October 2016 and year-to-date preliminary traffic results.

During October 2016 Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 16.8% year over year, in response to strong demand in its domestic and international markets. Total demand, as measured in Revenue Passenger Miles (RPMs), in October 2016 increased 21.8% year over year, reaching 1.1 billion. Volaris transported a total of 1.2 million passengers during the month, an increase of 23.6% year over year. Year-to-date, Volaris has transported over 12.2 million passengers, an increase of 26.2% year over year.

In October 2016, Volaris increased domestic and international ASMs by 17.2% and 16.1%, respectively. Network load factor for October reached 83.4%, an increase of 3.3 percentage points year over year.

During October 2016, Volaris launched one year-round international route (Mexico CitySan Francisco).

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

 
      October
2016
  October
2015
 

Variance

 

Ten
months
ended
October
2016

 

Ten
months
ended
October
2015

  Variance
RPMs (in millions, scheduled & charter)              
Domestic 819 677 20.9% 8,192 6,582 24.5%
International     315   254   24.1%   3,494   2,774   26.0%
Total 1,134 931 21.8% 11,686 9,356 24.9%
ASMs (in millions, scheduled & charter)
Domestic 965 823 17.2% 9,476 8,011 18.3%
International     393   339   16.1%   4,096   3,409   20.2%
Total 1,358 1,162 16.8% 13,572 11,420 18.8%
Load Factor (in %, scheduled)
Domestic 84.8% 82.2% 2.6 pp 86.4% 82.2% 4.2 pp
International     80.0%   74.9%   5.1 pp   85.3%   81.3%   4.0 pp
Total 83.4% 80.1% 3.3 pp 86.1% 81.9% 4.2 pp
Passengers (in thousands, scheduled & charter)
Domestic 997 808 23.4% 9,828 7,809 25.8%
International     219   176   24.4%   2,426   1,904   27.4%
Total 1,216 984 23.6% 12,254 9,713 26.2%
 

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 more than 159 and its fleet from four to 66 aircraft. Volaris offers more than 312 daily flight segments on routes that connect 40 cities in Mexico and 25 cities in the United States and Central America with the youngest fleet in Mexico. Volaris targets passengers who are visiting friends and relatives, cost-conscious business people and leisure travelers in Mexico and to select destinations in the United States and Central America. Volaris has received the ESR Award for Social Corporate Responsibility for seven consecutive years. For more information, please visit: www.volaris.com

Volaris filed its annual report under the Form 20-F for the fiscal year ended December 31, 2015 with the U.S. Securities and Exchange Commission (the “SEC”) on April 29, 2016. A copy of the report can be accessed by visiting the SEC’s website at www.sec.gov and is also available at the website www.ir.volaris.com. Shareholders may request a hard copy of the audited financial statements included in such report free of charge by contacting Volaris Investor Relations at the email address specified below.

Source: Volaris

Volaris

Investor Relations:

Andrés Pliego & Diana Martínez, 52 55 5261 6444

ir@volaris.com

or

Media:

Cynthia Llanos, 52 1 55 4577 0803

cllanos@gcya.net