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Volaris Reports March 2024 Traffic Results: 87% Load Factor

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Thursday, April 4, 2024

ASM, Revolutions per minute, Pratt & Whitney, BMV, VLRS, ULCC, Yoy, ASMS, Volaris, Airline

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its March 2024 preliminary traffic results.

Key Points:

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its March 2024 preliminary traffic results.
In March 2024, Volaris' ASM capacity decreased by 15.8% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings.
However, load factor increased by 1.3 pp YoY to 86.8%, as RPMs decreased by less than capacity.
Throughout the quarter, we achieved a robust load factor, with a well-balanced market mix aimed at maximizing profitability.”

Volaris Reports February 2024 Traffic Results: 86% Load Factor

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Wednesday, March 6, 2024

CITY, Pratt & Whitney, ASM, ULCC, BMV, Revolutions per minute, ASMS, Yoy, Volaris, VLRS, Airline

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its February 2024 preliminary traffic results.

Key Points:

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its February 2024 preliminary traffic results.
In February 2024, Volaris' ASM capacity decreased by 13.7% year-over-year due to the extraordinary Pratt & Whitney engine accelerated inspections and the resulting aircraft groundings.
RPMs decreased by 10.9%, resulting in a load factor increase of 2.8 pp YoY to 85.9%.
Moreover, a robust load factor was achieved in February, exceeding the average for such a low-season month.

Volaris Reports January 2024 Traffic Results: 88% Load Factor

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Monday, February 5, 2024

GTF, VLRS, Revolutions per minute, Volaris, ULCC, ASM, United, BMV, Yoy, Airline

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its January 2024 preliminary traffic results.

Key Points:

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its January 2024 preliminary traffic results.
In January 2024, Volaris' ASM capacity decreased by 10.7% year-over-year, while RPMs decreased by 8.9%; the result was a load factor increase of 1.8 pp YoY to 88.0%.
The shift in trend in total unit revenue that started in the fourth quarter of 2023 was sustained in January 2024.
Our booking curves suggest that this positive trend will continue for the upcoming months, in line with our 2024 guidance.”

Volaris Reports December 2023 Traffic Results: 85% Load Factor

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Thursday, January 4, 2024

Volaris, ULCC, Yoy, VLRS, Revolutions per minute, CITY, BMV, ASM, Airline

de C.V. (NYSE: VLRS and BMV: VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its December 2023 preliminary traffic results.

Key Points:

de C.V. (NYSE: VLRS and BMV: VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its December 2023 preliminary traffic results.
In December 2023, Volaris' ASM capacity decreased by 3.1% year-over-year, while RPMs decreased by 2.3%; the result was a load factor increase of 0.7 pp YoY to 85.4%.
Volaris transported 2.8 million passengers during the month, a 4.6% decrease compared to December 2022.
Enrique Beltranena, Volaris' President and CEO said: "Our December traffic results reinforced our confidence in the resilience of our network and the strength of our business plan for 2024.

Volaris Reports November 2023 Traffic Results: 90% Load Factor

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Tuesday, December 5, 2023

Category 1, P&W, ASMS, Volaris, Pratt & Whitney, ULCC, Yoy, VLRS, Revolutions per minute, CITY, BMV, ASM, GTF, Airline

MEXICO CITY, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B.

Key Points:

MEXICO CITY, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B.
de C.V. (NYSE: VLRS and BMV: VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its November 2023 preliminary traffic results.
In November 2023, Volaris' ASM capacity decreased by 2.2% year-over-year, while RPMs decreased by 0.2%; the result was a load factor increase of 1.8 pp YoY to 89.8%.
Volaris transported 2.7 million passengers during the month, a 0.9% decrease compared to November 2022.

Volaris Reports October 2023 Traffic Results: 2% YoY Demand Growth with an 89% Load Factor

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Monday, November 6, 2023

Yoy, MEXICO, NYSE, Volaris, Category 1, CITY, BMV, VLRS, ULCC, Aircraft, Airline, ASMS

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its October 2023 preliminary traffic results.

Key Points:

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its October 2023 preliminary traffic results.
In October 2023, Volaris’ capacity (measured in ASMs) increased by 2.4% year-over-year, while demand (measured in RPMs) increased by 2.2%; the result was a load factor decrease of 0.2 pp YoY to 89.5%.
Demand (measured in RPMs) in the Mexican domestic market decreased by 5.2%, while demand increased by 20.1% in the international market.
Demand remains strong in both domestic and international markets, driving the domestic load factor to a new October record high.

Volaris Reports September 2023 Traffic Results: 3% YoY Demand Growth with an 84% Load Factor; Updating Full-Year 2023 Guidance

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Tuesday, October 10, 2023

NYSE, P&W, Yoy, CITY, Total, EBITDAR, Pratt, MEXICO, ASM, BMV, CASM, Pratt & Whitney, VLRS, ULCC, GTF, Airline, Volaris

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its September 2023 preliminary traffic results.

Key Points:

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its September 2023 preliminary traffic results.
In September 2023, Volaris’ capacity (measured in ASMs) increased by 7.5% year-over-year, while demand (measured in RPMs) increased by 3.1%; the result was a load factor decrease of 3.6 pp YoY to 83.8%.
Demand (measured in RPMs) in the Mexican domestic market decreased by 4.6%, while in the international market, demand increased by 22.4%.
The Volaris team is actively executing plans to mitigate the engine inspection impact, including a project to optimize our route network.

Volaris successfully completes Ps. $1.5 billion Asset-Backed Trust Notes Offering

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Saturday, September 30, 2023

MEXICO, Communication, VLRS, S.A, City centre, CITY, Trust, BMV, Securities commission, ULCC, Sale, TIIE, VISA, Collection, Mastercard, NYSE, Online shopping

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, has successfully concluded the issuance of 15 million asset-backed trust notes (the “Trust Notes”) in Mexico under the ticker VOLARCB 23, totaling Ps.

Key Points:

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, has successfully concluded the issuance of 15 million asset-backed trust notes (the “Trust Notes”) in Mexico under the ticker VOLARCB 23, totaling Ps.
This is the third offering under the program authorized by the Mexican National Banking and Securities Commission for an amount of up to Ps.
The Trust Notes were rated "HR AA+ (E)" and "AA+/M(e)" by the rating agencies HR Ratings de México, S.A. de C.V. and Verum Calificadora de Valores, S.A.P.I.
de C.V., respectively, and have a five-year maturity term and carry an interest rate of 28-day TIIE (interbank rate) + 215 basis points.

Volaris Reports August 2023 Traffic Results: 14% YoY Demand Growth with an 87% Load Factor

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Wednesday, September 6, 2023

MEXICO, VLRS, CITY, BMV, ULCC, Yoy, Volaris, NYSE, Airline

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its August 2023 preliminary traffic results.

Key Points:

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its August 2023 preliminary traffic results.
In August 2023, Volaris’ capacity (measured in ASMs) increased by 11.4% year-over-year, while demand (measured in RPMs) increased by 14.3%; the result was a load factor increase of 2.3 pp YoY to 87.2%.
Volaris transported 3.1 million passengers during the month, a 12.9% increase compared to August 2022.
Enrique Beltranena, Volaris’ President and CEO, said: “In August 2023, Volaris carried its greatest number of passengers in a single month.

Volaris announces the release of the Integrated Annual Report 2022

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Monday, August 7, 2023

CITY, MEXICO, Volaris, BMV, VLRS, NYSE, Annual report, Airline

MEXICO CITY, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B.

Key Points:

MEXICO CITY, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B.
de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “The Company”), the ultra-low-cost airline serving Mexico, the United States, Central, and South America, released today its 2022 Integrated Annual Report, entitled “Just getting started…”
In 2022, Volaris emerged stronger, solidifying its position as the domestic market leader in Mexico by passengers flown and setting new goals to continue flying high, because for Volaris... this was just the beginning.