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VLRS - Volaris reports airline traffic results for November
Controladora Vuela Compania de Aviacion S.A.B. de C.V. American Depositary Shares each representing ten Ordinary Participation Certificates
Volaris ( NYSE: VLRS ) on Tuesday said its November 2022 capacity increased by 19.5% year-over-year, while demand rose 18.8% for the month.
November load factor was 88.0% (-0.6pp) and the ultra-low-cost carrier transported 2.7 million passengers during the month, a 13.7% increase compared to November 2021.
Demand in the domestic Mexican and international markets increased by 12.2% and 37.4%, respectively in November.
Year-to-date, Volaris' demand increased 28.0% YoY, with load factor expanding 1.1 pp year-over-year, to 85.7%.