Volaris Reports March 2020 Traffic Results, Load Factor of 82%
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. American Depositary Shares, each representing ten (10) Ordinary Participation Certificates (VLRS)
Last controladora vuela compania de aviacion, s.a.b. de c.v. american depositary shares, each representing ten (10) ordinary participation certificates earnings: 4/23 07:15 pm
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US:NYSE Investor Relations:
ir.volaris.com/english/home/default.aspx
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Source: PR Newswire
MEXICO CITY, April 7, 2020 /PRNewswire/ -- Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reported March 2020 preliminary traffic results.In March 2020, capacity measured by ASMs (Available Seat Miles) decreased by 5.6% vs the same period of last year, while demand measured by RPMs (Revenue Passenger Miles) decreased 10.3% year over year. Volaris transported a total of 1.6 million passengers during the month of March, a decrease of 12.8% year over year. Network-wide load factor for March 2020 was 82.3%, a decrease of 4.3 pp versus last year. These decreases were a result of the decline in demand related to the virus SARS-CoV-2 (COVID-19) pandemic, which affected Volaris at the end of March.On March 24, 2020 the Company announced a decrease in capacity measured by available seat miles (ASMs) for the months of March and April 2020 of approximately 50% versus the scheduled originally published. On March 30, 2020 th
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