Latin American airlines passenger traffic grew 4.4% in April
Latin American and Caribbean Airlines Passenger Traffic grew 4.4% in April
Last April, airlines in the region carried 24.1 million passengers, accounting for a 4.4% growth, compared to April 2018, with an additional 1 million passengers.
Brazil, which had been growing with great dynamism in recent months, had a slight deceleration in April, with a modest growth of 0.61%, mainly caused by the exit of Avianca Brasil and a slight contraction of the economy during the first quarter (0.2% according to data from the Brazilian Institute of Geography and Statistics IBGE, the first fall of GDP since 2016). However, in the annual accumulated, Brazil reached a growth of 3.2%, demonstrating once again that the industry is resilient before challenging economic conditions.
Mexico, the second most important market in the region, had robust growth with almost 400,000 additional passengers in its domestic market or the equivalent to an 8.3% growth. Mexico is also going through challenging economic conditions, with a contraction of its economy of 0.2% during the first quarter of 2019.
Argentina, Chile, and Peru continue with superlative growth. 1.14 million passengers were carried in the Chilean domestic market in April, reaching a 37.8% growth. This dynamism in Chile is leveraged by the reduction of taxes initiated in 2018 and the growth of the LCC. Meanwhile, Argentina grew 16%, carrying 1.2 million passengers in April and, in Peru, 1.2 million passengers were carried, accounting for 15% growth compared to April 2018.
Intra-regional international traffic showed a slight decrease for the second consecutive month (-1.7%) mainly driven by the decrease in traffic between Argentina-Chile, Argentina-Panama, and Argentina-Brazil.
Extra-regional international traffic grew 6.5%, driven by the increase of traffic to Europe (16%) and North America (4.7%)
Airlines in the region continue to adjust adapt to macroeconomic conditions and uncertainty before the global economic landscape. Even so, passenger traffic continues to show a positive trend and, currently, the growth of traffic in the region -in percentage terms- is above global growth.
I invite you to read the detail of our Traffic Report.
Luis Felipe de Oliveira
Panama, June 10, 2019 – The Latin American and Caribbean Air Transport Association (ALTA) announced today that Latin American and Caribbean airlines carried 24.1 million passengers in April and up 4.4% – or 1,011,708 additional passengers – from the previous year.
Traffic (RPK) grew 4.4% and capacity (ASK) increased 3.8%, bringing the load factor to 82%, 0.5 percentage points higher than in 2018. (see table 1).
Traffic to/from Latin America & Caribbean
Latin America and Caribbean airlines carried 2.5 million passengers to and from Latin America and the Caribbean in April, up 6.5% from the previous year (see table 2). Traffic (RPK) grew 6.5% and capacity (ASK) increased 4.3%, bringing the load factor to 82.9%.
Latin American and Caribbean airlines carried 18.1 million domestic passengers in April, up 5.4% from the previous year. Traffic (RPK) grew 4.8% and capacity (ASK) increased 5.1%, bringing the load factor to 81.3%.
Latin American and Caribbean airlines carried 6 million international passengers in April, of which 3.5 were international passengers within the region and 2.5 outside the region. Argentina-Brazil was the most important intra-regional market, while Mexico-USA was the most important extra-regional market.
Traffic data from the following airlines is included in this report: Aerolíneas Argentinas (includes Austral), Aeromar, Aeromexico Connect, Aeromexico, Air Antilles, Air Panama, Amaszonas, Andes Líneas Aéreas, Aruba Airlines, ASERCA Airlines, Avianca Brasil, Avianca Holdings, AVIOR Airlines, Azul Airlines, Bahamasair, Boliviana de Aviación – BoA, Caicos Express Airways, Calafia Airlines, Caribbean Airlines, Cayman Airways, CM Airlines, Conviasa, Copa Airlines Colombia, Copa Airlines, Cubana de Aviacion S.A, Easyfly S. A., Ecojet, Fly Jamaica, Flybondi, FlyMontserrat, Gol Linhas Aereas, Insel Air, Intercaribbean Airways Ltd, Interjet, Jetsmart, LASER Airlines, LATAM Airlines Group, LC Peru, LIAT , Link Conexion Aerea S.A. de C.V, Maya Island Air, NatureAir, Passaredo, PAWA Dominicana, Peruvian Airlines, RUTACA, Saint Barth Commuter, SANSA Airlines, SATENA, Seaborne Airlines, Sky Airline, Skybahamas, Southern Air Charter, Star Peru, Sunrise Airways, Surinam Airways, TAG Airlines , TAME Línea Aérea del Ecuador, TAR Aerolineas, Tropic Air, VI Airlink, VivaAerobus, VivaAir Colombia, VivaAir Peru, Volaris, and Windward Island Airways International
RPK (Revenue Passenger Kilometers) number of passengers carried times the distance traveled | ASK (Available Seat Kilometers) number of seats available for sale times the distance traveled | PLF Passenger Load Factor, obtained by dividing the RPKs by the ASKs | FTK (Freight Ton Kilometers) number of tons of freight carried times the distance traveled.
ALTA is a private non-profit association at the service of the air transport industry, whose objective is to develop a safer, more efficient and sustainable aviation in Latin America and the Caribbean. ALTA coordinates collaborative efforts across the entire value chain maximizing the impact of aviation in the region’s economic and social growth for the benefit of the industry, the nations and the people served by the air transport.
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