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Grupo Viva Aerobus increased by 26% its total operating revenue in 3Q2018

Published Friday, October 26, 2018

Mexico City, October 25, 2018.- Grupo Viva Aerobus, the holding company of Viva Aerobus, Mexico's ultra-low-cost airline, reported a 26% increase in its total operating revenue of the third quarter of 2018, compared to the same period of 2017. The airline amounted 2,818 million pesos under this concept, in contrast to the 2,240 million pesos corresponding to 3Q2017. This as a result of the growing preference of passengers and a proposal that allows customers to personalize their trip.

In this sense, the airline achieved a growth of 21% in passenger traffic in 3Q2018 compared to the same period of 2017, having transported near 2.8 million passengers. Also, according to the latest data from the Direccion General de Aeronautica Civil (General Direction of Civil Aviation or "DGAC", by its Spanish acronym) Viva was the fastest growing airline in the industry, in terms of domestic and total passenger traffic, achieving growth rates of 18.3% and 20.9%, respectively. In addition, in August, Viva Aerobus achieved a 19.3% share of passengers carried in the domestic market, positioning itself, for the first time, on the podium of the 3 airlines that head this sector.

Moreover, Viva reached a load factor of 91% during this quarter, being one of the highest in the entire continent.

In terms of the expansion and growth strategy of Viva Aerobus, this quarter was characterized by the announcement of the second largest acquisition of aircraft in its history; the launching of 10 new flights, thus exceeding the offer of 100 routes for the first time; the start of 3 new routes and the announcement of the new connecting flights service from Monterrey.

Besides, in recent months, new Airbus A320neo aircraft were incorporated, closing September with a fleet consisting of 27 aircraft, being one of the youngest in the world with an average age of less than 4.5 years.

Gian Carlo Nucci, CEO of Grupo Viva Aerobus, mentioned that the low-cost model of the company provided the necessary support to face the challenging environment that has prevailed in the sector, especially due to the increase in the price of fuel.

"This second half of the year, we reaffirm the consolidation of our positioning in the Mexican market thanks to our operational efficiency. We have achieved a cost per seat-kilometer available of 78 cents, one of the lowest among operators in the Americas. We are the Mexican airline with the lowest cost structure", added Gian Carlo Nucci.

Additionally, in its earnings release corresponding to the 3Q2018, Grupo Viva Aerobus shows the following:

  • Total operating revenue was composed of 54% passenger revenue and 46% of ancillary revenue. Passenger revenue equaled 1,520 million pesos, meaning a 14% increase compared to 3Q2017. Ancillary revenue generated 1,298 million pesos, which represented a growth of 44% compared to the same period last year.
  • Available seat kilometers (ASKs) reached 3,305 million, which represents an increase in terms of capacity of 25% compared to 3Q2017.
  • EBITDAR (Earnings Before Interest, Taxes, Depreciation, Amortization and Rent) amounted 978 million pesos with a 35% margin.
  • The net income totaled 226 million pesos with a net margin of 8%.
  • Operating expenses increased 56% compared to 3Q2018, reaching $2,576 million pesos. This was the result of the increase in the price of fuel and the growth in the fleet during the last twelve months, which was reflected in the maintenance due to the incorpora-tion of a greater number of aircraft; as well as the integration of more administrative, operative and crew personnel.

To consult the full earnings release of 3Q2018, please visit Viva Aerobus investor relations site:

About Grupo Viva Aerobus

It is the holding of several companies, including the airline Viva Aerobus.

About Viva Aerobus

Viva Aerobus is Mexico's low-cost airline. It started operations in 2006 and today operates the youngest Latin American fleet with 27 Airbus A320, including four A320neo, in 102 non –stop routes to 44 destinations. With a clear vision to give all people the opportunity to fly, Viva Aerobus has democratized the airline industry with the lowest rates in México and the lowest costs in Latin America, making their flights the best value offer.


Walfred Castro, Corporate Communication Director of Viva Aerobus -

Tarssis Dessavre, Ejecutiva de Cuenta de PRoa Structura - – Tel. (+52.55) 5442.4642 - ext.26 / Cel. (044.55) 2751.1709

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Monterrey International Airport. Terminal C, Miguel Aleman highway Km 24, Apodaca, NL, Mexico, C.P. 66600
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Mexico (Toll free) 81 82 150 150
United States +1 866 FLY VIVA (+1866 359 8482)

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Monterrey International Airport. Terminal C, Miguel Aleman highway Km 24, Apodaca, NL, Mexico, C.P. 66600
Call Center
Mexico (Toll free) 81 82 150 150
United States +1 866 FLY VIVA (+1866 359 8482)