Volaris Reports December and Full Year 2019 Traffic Results, Solid Demand Positions Volaris as the L

Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reported December and full year 2019 preliminary traffic results.

In December and full year 2019, capacity measured by ASMs (Available Seat Miles) increased by 12.3% and 16.6% vs the same period of last year. In December and full year 2019, demand measured by RPMs (Revenue Passenger Miles) increased 15.5% and 18.5% year over year, respectively. Volaris transported a total of 2.0 million passengers during the month of December, an increase of 13.3% year over year. Full year 2019, Volaris transported a total of 22.0 million passengers, an increase of 19.5% year over year. Network load factor for December and full year 2019 were 88.2% and 85.9%, respectively. In December and full year 2019, the load factor increased 2.4 pp and 1.4 pp year over year, respectively.

During December 2019, Volaris launched five international routes: 1) Leon, Guanajuato to Dallas, Texas; 2) Leon, Guanajuato to Las Vegas, Nevada; 3) Leon, Guanajuato to Chicago, Illinois; 4) Zacatecas, Zacatecas to Dallas, Texas and 5) Cancun, Quintana Roo to Los Angeles, California. Additionally, Volaris started to operate one domestic route (Mazatlan, Sinaloa to Monterrey, Nuevo Leon).

Volaris' President and Chief Executive Officer, Enrique Beltranena, commented on the traffic results for December and full year 2019: "We carried 22 million passengers in the year; this makes Volaris the largest Mexican airline by passenger volume and I am pleased to note that no Mexican airline has ever carried so many passengers in one year. This is an amazing result and I'd like to thank our employees for their hard work and dedication in the year and to thank our passengers for their continuing support and loyalty. Despite Mexican economic uncertainties, our ultra-low-cost airline structure continues generating higher passenger volume through low base fares and point to point routes."

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