Volaris reports operating profit in 2Q and 1H2015

Volaris revenue up 24% - financial highlights:

• Three months ended 30-Jun-2015:
• • Operating revenue: MXN4099 million (USD267.6 million), +23.9% year-on-year;
  • • Passenger: MXN3122 million (USD203.9 million), +17.8%;
    • Non-ticket: MXN977 million (USD63.8 million), +48.3%;
  • Operating costs: MXN3750 million (USD244.9 million), +10.2%;
  • • Fuel: MXN1209 million (USD78.9 million), -10.1%;
    • Aircraft and engine rent: MXN807 million (USD52.7 million), +28.2%;
  • Operating profit: MXN349 million (USD22.8 million), compared to a loss of MXN95 million (USD6.2 million) in p-c-p;
  • Net profit: MXN351 million (USD22.9 million), compared to a loss of MXN75 million (USD4.9 million) in p-c-p;
  • Passenger numbers: 2.9 million, +20.4%;
  • Load factor: 82.9%, +1.3 ppt;
  • Total operating revenue per ASM: MXN 123.0 cents (USD 8.1 cents), +8.7%;
  • Passenger revenue per ASM: MXN 93.7 cents (USD 6.2 cents), +3.4%;
  • Passenger yield: MXN 113.0 cents (USD 7.5 cents), +1.7%;
  • Operating costs per ASM: MXN 112.5 cents (USD 7.4 cents), -3.3%;
  • Cost per ASM excl fuel: MXN76.3 cents (USD 5.0 cents), +8.3%;
• Six months ended 30-Jun-2015:
• • Operating revenue: MXN7867 million (USD519.9 million), +29.3%;
  • • Passenger: MXN6044 million (USD399.4 million), +23.1%;
    • Non-ticket: MXN1823 million (USD120.5 million), +55.4%;
  • Operating costs: MXN7172 million (USD473.9 million), +7.6%;
  • • Fuel: MXN2260 million (USD149.3 million), -14.1%;
    • Aircraft and engine rent: MXN1562 million (USD103.2 million), +27.8%;
  • Operating profit: MXN695 million (USD45.9 million), compared to a loss of MXN583 million (USD38.5 million) in p-c-p;
  • Net profit: MXN658 million (USD43.5 million), compared to a loss of MXN445 million (USD29.4 million) in p-c-p;
  • Passenger numbers: 5.4 million, +18.4%;
  • Load factor: 81.5%, +0.3 ppt;
  • Total operating revenue per ASM: MXN123.4 cents (USD 8.2 cents), +14.9%;
  • Passenger revenue per ASM: MXN 94.8 cents (USD 6.3 cents), +9.4%;
  • Passenger yield: MXN 116.3 cents (USD 7.7 cents), +8.9%;
  • Operating cost per ASM: MXN 112.5 cents (USD 7.4 cents), -4.4%;
  • Cost per ASM excl fuel: MXN 77.1 cents (USD 5.1 cents), +8.2%;
  • Total assets: MXN12,746 million (USD842.3 million);
  • Cash and cash equivalents: MXN4028 million (USD266.2 million);
  • Total liabilities: MXN7532 million (USD497.7 million). [more - original PR]

*Based on the average conversion rate at USD1 = MXN15.3149 for three months ended 30-Jun-2015
*Based on the average conversion rate at USD1 = MXN15.1332 for six months ended 30-Jun-2015