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 June 2022
 
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 June 2, 2022, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS) issued a press release titled “Volaris Reports May 2022 Traffic Results: 12% YoY demand growth with an 88% Load Factor.” A copy of this press release is attached to this Form 6-K as Exhibit 99.1.
 
The information contained in the press release furnished as Exhibit 99.1 shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and is not incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in any such filing.

 	

 
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: June 2, 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	

 	

 	
EXHIBIT INDEX

Exhibit	 	Description	
 	 	
  99.1	 	Press release dated June, 2022 titled “Volaris Reports May 2022 Traffic Results:
12% YoY demand growth with an 88% Load Factor.”	

 	
 
Volaris Reports May 2022 Traffic Results:
12% YoY demand growth with an 88% Load Factor
 
Mexico City, Mexico, June 2, 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 May 2022 preliminary traffic results.
In May 2022, Volaris’ capacity (measured in ASMs) increased 12.4% compared to May 2021, while demand (measured in RPMs) increased 12.3% compared to the same period; the result was a load factor of 87.8% (flat YoY). Volaris transported 2.5 million passengers during the month, a 17.5% increase compared to May 2021, as the Company increased its fleet from 87 aircraft in May 2021 to 110 aircraft in May 2022. Passenger demand (RPMs) in the domestic Mexican and international markets increased 15.6% and 4.1%, respectively, compared to May 2021. Year-to-date, Volaris’ demand (measured in RPMs) increased 41.2% YoY, with a load factor expansion of 3.2 pp, to 84.6%.
Commenting on May 2022 traffic figures, Volaris’ President and CEO Enrique Beltranena said: “Demand remained strong in May, and Volaris demonstrated its ability to gradually pass through rising fuel prices. We continue growing with sustained traffic volume and improving TRASM.”
Last month Volaris announced a point-to-point network plan to offer approximately one million seats per month out of the three airports in Mexico City’s metropolitan area, namely Mexico City International Airport (AICM), Felipe Ángeles International Airport (AIFA), and Toluca International Airport (TLC). Volaris will open ten additional routes out of AIFA (Acapulco, Guadalajara, Huatulco, La Paz, Mérida, Mexicali, Oaxaca, Puerto Vallarta, Puerto Escondido and Los Cabos) and will resume operations in TLC with six new routes (Tijuana, Puerto Vallarta, Cancún, Guadalajara, Los Cabos and Huatulco).
In regard to the Company’s network plans for Mexico City, Mr. Beltranena said, “Mexico City’s Metropolitan area has a potential market of 30 million passengers spread across a large geographic area. By diversifying our operations to all three Mexico City area airports, our passengers will be able to travel to the nearest airport, reducing time, distance, and costs.” Mr. Beltranena added that, “A key benefit of our plan to offer one million seats to Mexico City area passengers is that Volaris will retain its strong market position, while expanding in TLC and AIFA. Further, we will reinforce operations in Puebla and Queretaro, all airports in the metropolitan area. We are excited about our growth opportunities in central Mexico.”

 	

 	

 	May 2022	May 2021	Variance	YTD May 2022	YTD May 2021	Variance	
RPMs (million, scheduled & charter)	 	 	 	 	 	 	
Domestic	1,759	1,522	15.6%	8,458	6,200	36.4%	
International	638	613	4.1%	3,078	1,968	56.4%	
Total	2,397	2,134	12.3%	11,536	8,168	41.2%	
ASMs (million, scheduled & charter)	 	 	 	 	 	 	
Domestic	1,933	1,677	15.3%	9,653	7,416	30.2%	
International	798	754	5.8%	3,988	2,619	52.3%	
Total	2,731	2,431	12.4%	13,641	10,034	35.9%	
Load Factor (%, scheduled, RPMs/ASMs)	 	 	 	 	 	 	
Domestic	91.0%	90.8%	0.2 pp	87.6%	83.6%	4.0 pp	
International	80.0%	81.2%	(1.3) pp	77.2%	75.2%	2.0 pp	
Total	87.8%	87.8%	0.0 pp	84.6%	81.4%	3.2 pp	
Passengers (thousand, scheduled & charter)	 	 	 	 	 	 	
Domestic	2,080	1,712	21.5%	9,893	6,914	43.1%	
International	453	445	1.9%	2,204	1,426	54.6%	
Total	2,533	2,157	17.5%	12,097	8,340	45.0%	
 	 	 	 	 	 	 	
Economic Jet Fuel Price
(USD per gallon, preliminary)	 	 	 	 	 	 	
Average	4.40	2.12	107.5%	3.63	1.99	82.4%	
 
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. 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 208, and its fleet from 4 to 110 aircraft. Volaris offers more than 510 daily flight segments on routes that connect 44 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 eleven consecutive years. For more information, please visit www.volaris.com.

Investor Relations Contact
Félix Martínez / Naara Cortés Gallardo / ir@volaris.com
Media Contact
Gabriela Fernández / gabriela.fernandez@volaris.com