Volaris reports 15% passenger growth in December 2018

Mexican low-cost airline Volaris (NYSE: VLRS) (BMV: VOLAR) has reported a total of 1.7 million passengers during the month of December, an increase of 14.7% year over year, the company said.

For the full year 2018, transported a total of 18.4 million passengers, an increase of 12.0% year over year.

During December and full year 2018 Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 6.4% and 11.4% year over year, respectively. Total demand, as measured in Revenue Passenger Miles (RPMs), for December and full year 2018 increased 13.5% and 11.5% year over year, respectively.

Network load factor for December and full year 2018 were 85.8% and 84.5%, respectively.

Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since beginning operations in March 2006, Volaris has increased its routes from five to more than 172 and its fleet from four to 77 aircraft.