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