Volaris Reports February 2019 Traffic Results; 16% Passenger Growth

March 5, 2019

MEXICO CITY, Mar. 5, 2019 /PRNewswire/ -- Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports February 2019 and year-to-date preliminary traffic results.

During February 2019 Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 15.2% year over year. Total demand, as measured in Revenue Passenger Miles (RPMs), in February 2019 increased 13.8% year over year, reaching 1.4 billion. Volaris transported a total of 1.5 million passengers during the month, an increase of 16.1% year over year. Network load factor for February was 81.4%, a decrease of 1.0 percentage points year over year. During February 2019, Volaris started to operate six domestic routes, from its focus cities Mexico City, Guadalajara, Jalisco and Ciudad Juarez, Chihuahua. Additionally, Volaris launched five international routes, two from Chicago, Illinois to Aguascalientes, Aguascalientes and Queretaro, Queretaro; Dallas, Texas to Durango, Durango; Phoenix, Arizona to Puerto Vallarta, Jalisco and Albuquerque, New Mexico to Chihuahua, Chihuahua.

Volaris' President and Chief Executive Officer, Enrique Beltranena, commented: "Passenger demand continues to be solid for Volaris, despite load factors being slightly lower than last year. We see unit revenues continue improving as compared with the previous year."

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


February
2019

February
2018

Variance

February

YTD 2019

February

YTD 2018

Variance

RPMs (in millions, scheduled & charter)







Domestic

1,034

889

16.3%

2,152

1,865

15.4%

International

387

360

7.4%

890

831

7.2%

Total

1,421

1,249

13.8%

3,042

2,696

12.8%

ASMs (in millions, scheduled & charter)







Domestic

1,226

1,050

16.8%

2,590

2,256

14.8%

International

521

467

11.6%

1,149

1,068

7.6%

Total

1,747

1,517

15.2%

3,739

3,324

12.5%

Load Factor (in %, scheduled)







Domestic

84.3%

84.7%

   (0.4) pp

83.1%

82.7%

0.4 pp

International

74.3%

77.1%

   (2.8) pp

77.8%

77.8%

0.0 pp

Total

81.4%

82.4%

  (1.0) pp

81.5%

81.1%

0.4 pp

Passengers (in thousands, scheduled & charter)







Domestic

1,236

1,048

18.0%

2,535

2,171

16.7%

International

272

252

8.0%

629

586

7.5%

Total

1,508

1,300

16.1%

3,164

2,757

14.8%

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 185 and its fleet from four to 77 aircraft. Volaris offers more than 358 daily flight segments on routes that connect 39 cities in Mexico and 27 cities in the United States and Central America with one of the youngest fleet in Americas. 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 nine consecutive years. For more information, please visit: www.volaris.com

Investor Relations contact: María Elena Rodríguez & Andrea González / Investor Relations / ir@volaris.com / +52 55 5261 6444
Media contact: Gabriela Fernández / volaris@gcya.mx / +52 55 5246 0100

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SOURCE Volaris