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 of the

Securities Exchange Act of 1934

 

For the month of February 2023

 

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 Form 20-F or Form 40-F.

 

Form 20-F  x                                            Form 40-F  o

 

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):  £

 

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):  £

 

 

 

 
 

EXPLANATORY NOTE

 

On February 6, 2023, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS) issued a press release titled “Volaris Reports January 2023 Traffic Results: 23% YoY demand growth with an 86% Load Factor.” A copy of this press release is attached to this Form 6-K as Exhibit 99.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant 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: February 6, 2022 By: /s/ Enrique J. Beltranena Mejicano    
  Name:                   Enrique J. Beltranena Mejicano
Title:                     Chief Executive Officer		  
 

 

 

 

 

 

 

    
  By: /s/ Jaime E. Pous Fernández    
 

Name:   Jaime E. Pous Fernández

Title:     Chief Financial Officer

  
     
     
           

 

 

 
 

EXHIBIT INDEX

8    
     

Exhibit

  

Description

   
  99.1   Press release dated January 6, 2023 titled “Volaris Reports January 2023 Traffic Results: 23% YoY demand growth with an 86% Load Factor.”

 

 

 

Volaris Reports January 2023 Traffic Results:

23% YoY demand growth with an 86% Load Factor

 

Mexico City, Mexico, February 6, 2023 – Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its January 2023 preliminary traffic results.

In January 2023, Volaris’ capacity (measured in ASMs) increased by 16.0% year-over-year, while demand (measured in RPMs) increased by 23.1%; the result was a load factor expansion of 5.0 pp YoY to 86.2%. Volaris transported 2.9 million passengers during the month, a 21.8% increase compared to January 2022. Demand in the domestic Mexican and international markets increased by 17.9% and 35.7%, respectively.

Enrique Beltranena, Volaris’ President and CEO said: “January saw robust traffic growth with demand outpacing capacity and with remarkable load factors. This strong start in the year reflects the ongoing strength of demand in all of our markets.”

  Jan 2023 Jan 2022 Variance YTD Jan 2023 YTD Jan 2022 Variance
RPMs (million, scheduled & charter)            
Domestic 1,933 1,639 17.9% 1,933 1,639 17.9%
International 908 669 35.7% 908 669 35.7%
Total 2,841 2,308 23.1% 2,841 2,308 23.1%
ASMs (million, scheduled & charter)            
Domestic 2,271 1,991 14.1% 2,271 1,991 14.1%
International 1,024 850 20.5% 1,024 850 20.5%
Total 3,295 2,841 16.0% 3,295 2,841 16.0%
Load Factor (%, scheduled, RPMs/ASMs)            
Domestic 85.1% 82.3% 2.8 pp 85.1% 82.3% 2.8 pp
International 88.7% 78.7% 10.0 pp 88.7% 78.7% 10.0 pp
Total 86.2% 81.3% 5.0 pp 86.2% 81.3% 5.0 pp
Passengers (thousand, scheduled & charter)            
Domestic 2,224 1,868 19.0% 2,224 1,868 19.0%
International 639 481 32.7% 639 481 32.7%
Total 2,862 2,349 21.8% 2,862 2,349 21.8%
             

Economic Jet Fuel Price*

(USD per gallon, preliminary)

            
Average 3.81 2.68 42.2% 3.81 2.68 42.2%

 

 

*Does not include VAT impact

*Economic fuel per gallon excluding Non-Derivate Financial Instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 
 

 

 

About Volaris:

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris” or the “Company”) (NYSE: VLRS and BMV: VOLAR) is an ultra-low-cost carrier, with point-to-point operations, serving Mexico, the United States, Central, and South America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since the beginning of operations in March 2006, Volaris has increased its routes from 5 to more than 200 and its fleet from 4 to 118 aircraft. Volaris offers more than 550 daily flight segments on routes that connect 43 cities in Mexico and 28 cities in the United States, Central, and South America, with one of the youngest fleets in Mexico. Volaris targets passengers who are visiting friends and relatives, cost-conscious business and leisure travelers in Mexico, the United States, and Central and South America. Volaris has received the ESR Award for Social Corporate Responsibility for thirteen consecutive years. For more information, please visit www.volaris.com.

 

 

Investor Relations Contact

Ricardo Martínez / ir@volaris.com

Media Contact

Gabriela Fernández / gabriela.fernandez@volaris.com