Source: Volaris
Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports April2021 preliminary traffic results.
In the domestic Mexican market, demand continued to recover, and we capitalized on opportunities to add capacity, ending the month with 17.8% more ASMs (Available Seat Miles) than in April 2019. International capacity decreased 16.7% versus April 2019, as a result of COVID-19 related international travel restrictions. Totalcapacity for the month of April measured by ASMs was 107.3% of the same month in 2019. Demand measured by RPMs (Revenue Passenger Miles) was 104.6% as compared to the same month in 2019. Volaris transported 1.9 million passengers in April 2021, 3.3% higher than April 2019, and the booked load factor was 82.4%.
Volaris’ President and Chief Executive Officer, Enrique Beltranena, commenting on the traffic results for April 2021, said: “Our recovery was sustained in April and we believe there is room for improvement in the transborder US market during the following months. We are gradually seeing a better booking trend as customers make plans for spring and summer travel, especially in our core VFR and leisure segments.”
For the second quarter of 2021, the Company expects to operate approximately 110% of the 2019 second quarter capacity.
The following table summarizes Volaris traffic results for the month of April 2021.
|
April 2021 |
April 2020 |
April 2019 |
YTD April 2021 |
YTD April 2020 |
YTD April 2019 |
|
|
RPMs (in millions, scheduled & |
||||||
|
Domestic |
1,423 |
425.5% |
13.1% |
4,679 |
19.0% |
0.7% |
|
International |
409 |
748.7% |
-17.1% |
1,355 |
-12.8% |
-26.8% |
|
Total |
1,832 |
474.4% |
4.6% |
6,034 |
10.0% |
-7.1% |
|
ASMs (in millions, scheduled & |
||||||
|
Domestic |
1,701 |
480.2% |
17.8% |
5,739 |
26.2% |
6.0% |
|
International |
523 |
627.6% |
-16.7% |
1,865 |
-2.6% |
-21.0% |
|
Total |
2,224 |
509.2% |
7.3% |
7,604 |
17.7% |
-2.2% |
|
Load Factor (in %, scheduled, |
||||||
|
Domestic |
83.7% |
(8.7) pp |
(3.5) pp |
81.5% |
(4.9) pp |
(4.2) pp |
|
International |
78.3% |
11.2 pp |
(0.4) pp |
72.7% |
(8.5) pp |
(5.9) pp |
|
Total |
82.4% |
(5.0) pp |
(2.2) pp |
79.4% |
(5.5) pp |
(4.2) pp |
|
Passengers (in thousands, |
||||||
|
Domestic |
1,606 |
478.8% |
6.7% |
5,203 |
15.4% |
-5.5% |
|
International |
306 |
952.0% |
-11.7% |
981 |
-8.9% |
-24.9% |
|
Total |
1,912 |
523.8% |
3.3% |
6,183 |
10.7% |
-9.2% |
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.