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Volaris Reports December and Full Year 2016 Traffic Results, 25% Passenger Growth and Record 86% Loa

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06-Jan-2017 Volaris Reports December and Full Year 2016 Traffic Results, 25% Passenger Growth and Record 86% Load Factor for Full Year 2016

Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports December and full year 2016 preliminary traffic results.

During December and full year 2016 Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 21.6% and 18.9% year over year, respectively. Total demand, as measured in Revenue Passenger Miles (RPMs), for December and full year 2016 increased 19.5% and 23.9% year over year, respectively. Volaris transported a total of 1.5 million passengers during the month of December, an increase of 21.3% year over year. Full year 2016, Volaris transported over 15.0 million passengers, an increase of 25.2% year over year.

Full year 2016, Volaris increased domestic and international ASMs by 17.8% and 21.4%, respectively. Network load factor for the year 2016 reached 85.8%, an increase of 3.5 percentage points year over year.

During December 2016, Volaris launched one domestic route (Tijuana - Toluca) and two international routes (Denver - Monterrey and Guatemala - San Jose, Costa Rica).

The following table summarizes Volaris traffic results for the month and full year 2016.

December
2016
December
2015
Variance

Full year
2016

Full year
2015

Variance
RPMs (in millions, scheduled & charter)
Domestic 964 825 16.8% 10,008 8,125 23.2%
International 476 380 25.3% 4,318 3,437 25.6%
Total 1,440 1,205 19.5% 14,326 11,562 23.9%
ASMs (in millions, scheduled & charter)
Domestic 1,130 968 16.8% 11,595 9,845 17.8%
International 583 440 32.3% 5,109 4,207 21.4%
Total 1,713 1,408 21.6% 16,704 14,052 18.9%
Load Factor (in %, scheduled)
Domestic 85.3% 85.3% 0.0 pp 86.3% 82.5% 3.8 pp
International 81.9% 86.3% (4.4) pp 84.5% 81.6% 2.9 pp
Total 84.1% 85.6% (1.5) pp 85.8% 82.3% 3.5 pp
Passengers (in thousands, scheduled & charter)
Domestic 1,136 948 19.9% 12,001 9,616 24.8%
International 335 265 26.3% 3,004 2,367 26.9%
Total 1,471 1,213 21.3% 15,005 11,983 25.2%

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.