6-K
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS)
UNITED STATESSECURITIES AND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM 6-K
REPORT OFFOREIGN PRIVATE ISSUER
PURSUANTTO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIESEXCHANGE ACT OF 1934
For themonth of January 2022
CommissionFile Number: 001-36059
ControladoraVuela Compañía de Aviación, S.A.B. de C.V.
(Name of Registrant)
Av. AntonioDovalí Jaime No. 70, 13 Floor, Tower B
ColoniaZedec Santa Fe
United MexicanStates, 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: January 6, 2022 | By: | /s/ Enrique J. Beltranena Mejicano |
| Name: | Enrique J. Beltranena Mejicano | |
| Title: | President and Chief Executive Officer | |
| By: | /s/ Jaime E. Pous Fernández | |
| Name: | Jaime E. Pous Fernández | |
| Title: | Chief Financial Officer |
EXHIBITINDEX
The following exhibit is filed as part of this Form 6-K:
| Exhibit | Description |
|---|---|
| 99.91 | Press release dated January 6, 2022 |
Volaris Reports December 2021 Traffic Results:
27% demand growth versus 2019 with an 86% Load Factor
Mexico City, Mexico, January 6^th^, 2022 – Volaris (the “Company”) (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States, Central and South America reports its December 2021 preliminary traffic results.
In December 2021, passenger demand (RPMs) in the domestic Mexican and international markets for Volaris increased 34.9% and 10.8%, respectively, as compared to December 2019. The Company capitalized on the strong market demand to add capacity (ASMs), both domestically (+35.5%) and internationally (+20.8%), while maintaining a high load factor (85.9%). In December 2021, Volaris transported 2.6 million passengers, 31% higher than the pre-pandemic levels.
For the first quarter 2022, the capacity we currently have on sale represents an ASM growth of approximately 3% compared to the fourth quarter of 2021, implying around 53% ASM growth versus the first quarter of 2021. However, as we have demonstrated since the beginning of the pandemic, we will continue to actively manage capacity and will react accordingly if we observe a deterioration in demand in our markets associated with the Omicron variant.
Commenting on December traffic figures, Volaris’ President and CEO Enrique Beltranena said: “We closed the year with solid results as we continued to deploy the appropriate levels of capacity to match the strong demand in our core leisure and VFR markets.”
| Dec 2021 | Dec 2020 Variation | Dec 2019 Variation | FY 2021 | FY 2020 Var. | FY 2019 Var. | |
|---|---|---|---|---|---|---|
| RPMs (million, scheduled & charter) | ||||||
| Domestic | 1,795 | 40.3% | 34.9% | 17,470 | 60.3% | 17.5% |
| International | 683 | 40.1% | 10.8% | 6,332 | 71.3% | 2.8% |
| Total | 2,478 | 40.3% | 27.2% | 23,802 | 63.1% | 13.2% |
| ASMs (million, scheduled & charter) | ||||||
| Domestic | 2,017 | 29.9% | 35.5% | 20,099 | 49.5% | 19.0% |
| International | 868 | 24.6% | 20.8% | 7,997 | 65.6% | 5.1% |
| Total | 2,885 | 28.2% | 30.7% | 28,097 | 53.7% | 14.7% |
| Load Factor (%, scheduled, RPMs/ASMs) | ||||||
| Domestic | 89.0% | 6.6 pp | (0.4) pp | 86.9% | 5.9 pp | (1.1) pp |
| International | 78.7% | 8.7 pp | (7.1) pp | 79.2% | 2.6 pp | (1.8) pp |
| Total | 85.9% | 7.4 pp | (2.3) pp | 84.7% | 4.8 pp | (1.1) pp |
| Passengers (thousand, scheduled & charter) | ||||||
| Domestic | 2,094 | 45.2% | 36.2% | 19,836 | 62.7% | 12.4% |
| International | 495 | 45.4% | 14.2% | 4,569 | 81.5% | 5.7% |
| Total | 2,589 | 45.2% | 31.4% | 24,405 | 65.9% | 11.1% |
The information included in thisreport has not been audited and it does not provide information on the company’s future performance. Volaris’ future performancedepends on many factors, and it cannot be inferred that any period’s performance or its comparison year over year will be an indicatorof 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 185 and its fleet from 4 to 101 aircraft. Volaris offers more than 510 daily flight segments on routes that connect 43 cities in Mexico and 27 cities in the United States, Central and South America with one of the youngest fleet in Mexico. Volaris targets passengers who are visiting friends and relatives, cost-conscious business and leisure travelers in Mexico, the United States, Central and South America. Volaris has received the ESR Award for Social Corporate Responsibility for eleven consecutive years. For more information, please visit: www.volaris.com.
InvestorRelations Contact
María Elena Rodríguez / Félix Martínez / ir@volaris.com
Media Contact
Gabriela Fernández / gabriela.fernandez@volaris.com