Volaris reports passenger growth of 8% for March 2017

Volaris (NYSE: VLRS and BMV: VOLAR) has reported March 2017 and year-to-date preliminary traffic results, the airline said.

During first quarter and March 2017, Volaris increased total capacity, as measured in Available Seat Miles (ASMs), by 16.8% and 7.9% year over year, respectively. Total demand, as measured in Revenue Passenger Miles (RPMs), for first quarter and March 2017 increased 14.4% and 7.4% year over year, respectively. 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.

Volaris transported a total of 4 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% year over year.

During first quarter 2017, Volaris 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.

Volaris is an ultra-low-cost carrier, with point-to-point operations, serving Mexico, the United States, and Central America. Since beginning operations in March 2006, Volaris has increased its routes from five to more than 161 and its fleet from four to 69 aircraft. The airline offers more than 332 daily flight segments on routes that connect 40 cities in Mexico and 75 cities in the United States and Central America.