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Volaris: Flash VOLAR: November passengers maintain strong dynamism

Volaris recorded a 47.0% y/y increase in passenger traffic in November (+27.1% vs 2019), carrying 2.4 million
Capacity (ASMs) rose 28.8% y/y (+26.2% y/y vs 2019), while demand (RPMs) 41.7% y/y, a 25.7% surge vs 2019
The good demand dynamism could continue for year-end, although we must monitor the evolution of the omicron variant

Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation @ Banorte

Marissa Garza Ostos

Head of Equity Research @ Banorte

6 December 2021

Published by

Banorte

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