Volaris reports February traffic up 81%, load factor of 83%

• Volaris (NYSE:VLRS) reports revenue passenger miles rose 80.8% Y/Y to 2.02B in February.
• Passenger demand (RPMs) in the domestic Mexican +64.7% Y/Y and international RPMs +149.8% for the month.
• Total Capacity (ASMs) rose 62.0% Y/Y to 2.45B in February.
• Load factor up 8.6 pp Y/Y to 82.7%.
• The number of passengers flown by the carrier during the month rose 86.7% Y/Y to 2.1 million.
• Considering reported figures for the first two months of the year and the capacity currently on sale for March, consolidated ASMs for the first quarter of 2022 are expected to remain flat as compared to the fourth quarter of 2021, implying around 50% ASM growth versus the first quarter of 2021.

Comments

[asparagii]

Took another bite today. Fuel may hurt them for a couple Q's, but I suspect they'll work through that no worries. Hopefully, in a few years I'll look like a genius!

[WhyPayTaxesWhenYouCanJustPrintMoney]

@asparagii Completely agreed. This too shall pass.

[Iflyvolaris]

Another buying opportunity is opening up! Events in Europe will redirect travel and, over time, business to the Americas.

[Kevin W. Wilson]

Strongest February in the company’s history. Well done VLRS.