Volaris Reports January 2023 Traffic Results: 23% YoY demand growth with an 86% Load Factor
Source: Volaris Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its January 2023 preliminary traffic results. In January 2023, Volaris’ capacity (measured in ASMs) increased by 16.0% year-over-year, while demand (measured in RPMs) increased by 23.1%; the result was a load factor expansion of 5.0 pp YoY to 86.2%. Volaris transported 2.9 million passengers during the month, a 21.8% increase compared to January 2022. Demand in the domestic Mexican and international markets increased by 17.9% and 35.7%, respectively. Enrique Beltranena, Volaris’ President and CEO said: “January saw robust traffic growth with demand outpacing capacity and with remarkable load factors. This strong start in the year reflects [...]