UNITED STATES SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2020

 

Commission File Number: 001-36059

 

 

 

Controladora Vuela Compañía de Aviación, S.A.B. de C.V.

(Name of Registrant)

 

Av. Antonio Dovalí Jaime No. 70, 13 Floor, Tower B

Colonia Zedec Santa Fe

United Mexican States, Mexico City 01210

+(52) 55-5261-6400

(Address of Principal Executive Offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x     Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes ¨     No x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes ¨     No x

 

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ¨     No x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- __________

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Controladora Vuela Compañía de Aviación, S.A.B. de C.V.
   
Date: March 03, 2020 By: /s/  Sonia Jerez Burdeus  
  Name: Sonia Jerez Burdeus
  Title:   Chief Financial Officer
     
     
  By:  /s/  Jaime E. Pous Fernández  
  Name: Jaime E. Pous Fernández
 

Title: 

Senior Vice President

Chief Legal Officer and Corporate Affairs

 

 

 

 

EXHIBIT INDEX

 

The following exhibit is filed as part of this Form 6-K:

 

Exhibit     Description  
99.29   Press release dated March 03, 2020

 

 

 

 

Exhibit 99.29

 

 

 

Volaris Reports February 2020 Traffic Results,

Passenger Growth of 17%, Load Factor of 85%

  

Mexico City, Mexico. March 3, 2020 – Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reported February 2020 preliminary traffic results.

 

In February 2020, capacity measured by ASMs (Available Seat Miles) increased by 15.6% vs the same period of last year, while demand measured by RPMs (Revenue Passenger Miles) increased 21.0% year over year. Volaris transported a total of 1.8 million passengers during the month of February, an increase of 17.4% year over year. Network load factor for February 2020 was 85.1%, an increase of 3.7 pp versus last year.

 

Volaris’ President and Chief Executive Officer, Enrique Beltranena, commenting on the traffic results for February 2020, said: “Passenger demand continues to be solid with strong load factor, in all three of our markets: Mexico, United States of America and Central America. February’s unit revenues improved compared to the previous year.”

 

The following table summarizes Volaris traffic results for the month and year-to-date.

 

  February
2020
February
2019
Variance

February

YTD 2020

February YTD 2019 Variance
RPMs (in millions, scheduled & charter)            
Domestic 1,223 1,034 18.2% 2,536 2,152 17.9%
International  496  387 28.4% 1,103 890 23.8%
Total 1,719 1,421 21.0% 3,639 3,042 19.6%
ASMs (in millions, scheduled & charter)            
Domestic 1,407 1,226 14.7% 2,943 2,590 13.7%
International 613 521 17.6% 1,297 1,149 12.8%
Total 2,020 1,747 15.6% 4,240 3,739 13.4%
Load Factor (in %, scheduled)            
Domestic 86.9% 84.3%    2.6 pp 86.2% 83.1% 3.1 pp
International 81.0% 74.3%  6.7 pp 85.0% 77.8% 7.2 pp
Total 85.1% 81.4%   3.7 pp 85.8% 81.5% 4.3 pp
Passengers (in thousands, scheduled & charter)            
Domestic 1,425 1,236 15.2% 2,938 2,535 15.9%
International 346 272 27.2% 772 629      22.6%
Total 1,771 1,508 17.4% 3,710 3,164 17.2%

 

 

The information included in this report has not been audited and it does not provide information on the company’s future performance. Volaris’ future performance depends on many factors and it cannot be inferred that any period’s performance or its comparison year over year will be an indicator of a similar performance in the future.

 

About Volaris:

*(“Volaris” or the “Company”) (NYSE: VLRS and BMV: VOLAR), is an ultra-low-cost carrier (ULCC), with point-to-point operations, serving Mexico, the United States and Central America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since beginning operations in March 2006, Volaris has increased its routes from five to more than 187 and its fleet from four to 82 aircraft. Volaris offers more than 399 daily flight segments on routes that connect 40 cities in Mexico and 25 cities in the United States and Central America with one of the youngest fleet in The Americas. Volaris targets passengers who are visiting friends and relatives, cost-conscious business people and leisure travelers in Mexico and in selected destinations in the United States and Central America. Volaris has received the ESR Award for Social Corporate Responsibility for ten consecutive years. For more information, please visit: www.volaris.com.

 

Investor Relations contact: María Elena Rodríguez & Andrea González/ Investor Relations / ir@volaris.com / +52 55 5261 6444

Media contact: Gabriela Fernández / volaris@gcya.mx / +52 55 5246 0100