Equity Analysis /
Mexico

Volaris: Flash VOLAR: Recovery continues in July surpassing pre-pandemic levels

  • Volaris reported a 132.5% y/y increase in passenger traffic for July (+15.6% vs 2019), carrying 2.3 million

  • Capacity (ASMs) rose 86.3% y/y (+18.0% y/y vs 2019), while demand (RPMs) 128.1% y/y, a 19.0% surge vs 2019

  • Volaris' indicators for July continue to show an accelerated growth rate, which remains above pre-pandemic levels

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

Banorte
4 August 2021
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