International Demand

81% year-over-year demand growth with 83% load factor

Mexico City, Mexico, March 3, 2022 /PRNewswire/ — Volaris (the “Company”) (NYSE: VLRS and BMV: VOLARY), the ultra-low-cost airline serving Mexico, United Statescentral and South America reports his February 2022 preliminary traffic results.

In February, Volaris capacity (measured in ASM) increased 62.0% YoY, while demand (measured in RPM) increased 80.8% YoY; load factor increased by 8.6pp year-over-year to 82.7%. During the month, Volaris carried 2.1 million passengers, an increase of 86.7% year-on-year. In addition, passenger demand (RPM) in the Mexican domestic and international markets remained quite healthy, increasing by 64.7% and 149.8%, respectively, compared to February 2021.

Considering the figures reported for the first two months of the year and the capacity currently on sale for March, consolidated ASM for the first quarter of 2022 is expected to remain stable compared to the fourth quarter of 2021, implying growth of around 50% of ASM from the first quarter of 2021. This is in line with our guidance on our recent earnings call. We believe this aligns closely with the demand trends we are seeing in our markets.

Commenting on the February traffic figures, the CEO of Volaris Enrique Beltranena said: “Our fort February 2022 the traffic figures demonstrate not only the overall strength of demand from our existing markets, but also our commitment to focus tightly on capacity and match it to demand. A record February in terms of growth, passengers and unit revenue should help us ease some near-term cost pressures, such as rising fuel prices.”


February 2022

February 2021

Variation

Since the beginning of the year in February
2022

Since the beginning of the year in February
2021

Variation

rpm (millions, regular and charter)







National

1,493

907

64.7%

3,132

2,045

53.2%

International

528

211

149.8%

1,197

661

81.1%

Total

2,021

1,118

80.8%

4,329

2,706

60.0%

ASM (millions, regular and charter)







National

1,736

1,150

51.0%

3,727

2,670

39.6%

International

708

359

97.5%

1,559

988

57.7%

Total

2,445

1,509

62.0%

5,286

3,658

44.5%

Load factor (%, programmed, RPM/ASM)







National

86.0%

78.8%

7.2 dpi

84.0%

76.6%

7.4 dpi

International

74.5%

58.9%

15.6 dpi

76.8%

66.9%

9.9 dpi

Total

82.7%

74.1%

8.6 points

81.9%

74.0%

7.9 dpi

Passengers (thousands, regular and charter)







National

1,757

993

77.1%

3,625

2,261

60.4%

International

376

150

150.6%

857

462

85.5%

Total

2,133

1,142

86.7%

4,482

2,723

64.6%

The information contained in this report has not been audited and does not provide information on the future performance of the company. The future performance of Volaris depends on many factors, and it cannot be inferred that performance in any period or its comparison from year to year will be an indicator of similar performance in the future.

About Volaris:
Controladora Vuela Compañía de Aviación, SAB de CV (“Volaris” or the “Company”) (NYSE: VLRS and BMV: VOLAR), is an ultra-low-cost carrier, with point-to-point operations, serving Mexico, United Statescentral and South America. Volaris offers low base rates to expand its market, providing quality service and a wide choice of customers. Since the start of operations in March 2006, Volaris increased its routes from 5 to more than 184 and its fleet from 4 to 102 aircraft. Volaris offers more than 500 daily flight segments on routes that connect 43 cities in the Mexico and 27 cities of United Statescentral and South America with one of the youngest fleets Mexico. Volaris targets passengers visiting friends and relatives, cost-conscious business and leisure travelers in Mexico, United Statescentral and South America. Volaris has received the ESR Award for Corporate Social Responsibility for eleven consecutive years. For more information, visit: www.volaris.com.

Investor Relations
Felix Martinez / Naara Cortés Gallardo / [email protected]
Media Contact
Gabriela Fernández / [email protected]

SOURCEVolaris