Equity Analysis /
Mexico

Volaris: Flash VOLAR: Solid performance continues in September, above pre-pandemic levels

  • In September, Volaris' total traffic increased 63.4% y/y (+17.9% vs 2019), carrying 2.1 million passengers

  • International passengers rose 102.6% y/y, followed by domestic users with a 56.6% growth

  • Capacity in terms of ASMs increased 44.9% y/y, while demand measured in RPMs advanced 59.3% y/y

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
6 October 2021
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