Image credits: Image by ThePixelman from Pixabay
News Article

Volaris Reports an Increase in Demand During May 2022

By Emilio Aristegui | Mon, 06/06/2022 - 14:41

Mexican ultra-low-cost airline Volaris continues to dominate the Mexican market, reporting another major step forward with a 12.3 percent growth in demand and a 12.4 percent increase in capacity during May 2022, in comparison to the same month in 2021.

“Demand remained strong in the month of May, and Volaris demonstrated its ability to gradually transfer rising fuel prices to passengers. We continue growing with sustained traffic volume and improving TRASM,” said Enrique Beltranena, Executive President and CEO, Volaris, via a press release.  The airline’s load factor was at 87.8 percent.

In May, Volaris transported 2.5 million passengers, an increase of 17.5 percent in comparison with May 2021. The Company also increased its fleet from 87 aircraft in May 2021 to 110 aircraft in May 2022. Domestic demand increased by 15.6 percent, while international demand by 4.1 percent compared to May 2021. Year to date, demand measured in revenue passenger miles (RPM) increased 41.2 percent, as the airline announced an increase in the load factor to 84.6 percent.

Volaris announced a point-to-point network plan last month that aims to offer about 1 million seats per month from the three airports in the metropolitan area of Mexico City: the Mexico City International Airport (AICM), Felipe Angeles International Airport (AIFA) and Toluca International Airport (AIT).

The airline also announced that ten additional routes from AIFA will begin operations, connecting Mexico City with Acapulco, Guadalajara, Huatulco, La Paz, Merida, Mexicali, Oaxaca, Puerto Vallarta, Puerto Escondido and Los Cabos. The airline also seeks to restart operations in AIT with six new routes to Tijuana, Puerto Vallarta, Cancun, Guadalajara, Los Cabos and Huatulco.

"The metropolitan area of Mexico City has a potential market of 30 million passengers distributed over a wide geographical area. By diversifying our operations into the three airports in the metropolitan area of Mexico City, our passengers will be able to travel to the nearest airport, reducing time, distance and costs." said Beltranena. "The key benefit of our plan to offer 1 million seats to Mexico City passengers is that Volaris will maintain its strong position in the market, while expanding in [AIT] and AIFA. In addition, we will reinforce operations in Puebla, Queretaro and all airports in the metropolitan area,” concluded Beltrarena.

The data used in this article was sourced from:  
Emilio Aristegui Emilio Aristegui Junior Journalist and Industry Analyst