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VLRS - In January Volaris demand saw 45% Y/Y growth; capacity surged 32% Y/Y
Controladora Vuela Compania de Aviacion S.A.B. de C.V. American Depositary Shares each representing ten Ordinary Participation Certificates
Volaris (NYSE:VLRS) showed increase in January capacity by 32.2% Y/Y, while demand was up a strong 45.4% Y/Y. Bifurcating: Domestic RPMs +44% Y/Y and international RPMs +48.8% for the month. Total Capacity (ASMs) rose 31% Y/Y and 35% higher than the pre-pandemic levels. This drove a 7.4 pp Y/Y increase in load factor to 81.3%. In the month, company transported 2.3M passengers (+ 48.7% Y/Y). While demand remained strong in the month, in response to the Omicron variant, company reduced its ASMs 1.5% as compared to December 2021. Compare to last month