Volaris Q1 2014 operating revenues dip 9%

30 April 2014

Volaris (NYSE: VLRS) (BMV: VOLAR) said its operating revenues were Ps.2,775m for the first quarter of 2014, a decrease of nine percent, reflecting a challenging macroeconomic and pricing environment, as well as a seasonal impact.

Holy week, one of the most active travel weeks in Mexico, happened in April of 2014, as opposed to March of 2013.

Non-ticket revenues increased nine percent, reaching Ps.514m. Non-ticket revenues excluding cargo per passenger increased ten percent, reaching Ps.208 (USD16), in line with ancillary revenue generation strategy.

Total operating revenue per available seat mile (TRASM) decreased to Ps.101.2 cents (USD7.7 cents), an 18 percent decrease year over year.

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. is an ultra-low-cost carrier, with “point to point” service, serving Mexico and the US. It offers low base fares to build its market, providing quality service and extensive customer choice. For more information, visit: www.volaris.com

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