Volaris, pax up by 8% in March 2017
Volaris, an LCC serving Mexico, the United States and Central America, reported that it transported a total of 4.0 million passengers during the first quarter of 2017, an increase of 15.6% year over year. During March 2017, Volaris transported over 1.3 million passengers, an increase of 8.1% YoY.
Volaris also increased the total capacity during the first quarter and March 2017, as measured in Available Seat Miles (ASMs), by 16.8% and 7.9% YoY, respectively.
Total demand, as measured in Revenue Passenger Miles (RPMs), for first quarter and March 2017 increased 14.4% and 7.4% YoY, respectively. According to the airline, it is important to note that March 2016 traffic numbers include high season traffic of Holy and Easter weeks, as opposed to 2017 in which such high season weeks will be in April.
First quarter 2017, it increased domestic and international ASMs by 12.8% and 26.2%, respectively. Network load factor for the first quarter and March 2017 reached 83.2% and 85.1%, respectively.
With these March 2017 and year-to-date preliminary traffic results, Volaris confirms its stated Adjusted EBITDAR margin guidance in the high teens for the first quarter 2017, reflecting an average exchange rate of Ps.20.39, and average economic price per gallon of $1.82.
The airline now operates a fleet of 69 all Airbus A320 Family aircraft and operates scheduled flights to cities in Mexico, USA and Central Americas.
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