ALTA TRAFFIC REPORT, AUGUST 2019
Latin American and Caribbean Airlines Passenger Traffic increased 4.3% in August
In August, airlines of the region carried over 1 million additional passengers, reaching a 4.3% growth vs. August 2018 and an accumulated growth of 4.9% between January – August 2019.
The airlines of the region continued to adjust their operations to face the challenging context marked by an unstable global landscape affecting the devaluation of the main currencies of the region and the unsteadiness of fuel prices. As a result, for the first time in the year, there was a reduction in the deployed capacity, which resulted in the highest load factor of the year of 83.7%.
As we had commented the previous month, the Brazilian domestic market stabilized and grew again by a shy 0.6%, despite the reduction in the offer, generated by the exit of a major airline of the region. Low-cost carriers (LCCs) continue to play a very important role in expanding markets of the region. Domestic markets in Colombia, Chile, Peru, and Argentina had a growth above 10%, and Mexico grew 7.8%.
The absolute growth in passenger traffic was important in the Bogotá – Medellín, Bogotá – Cali, Lima – Piura, Mexico City – Guadalajara and Bucaramanga – Bogotá segments, routes where there is a significant corporate and business travelers’ percentage. In contrast, routes where tourist traffic generally dominates showed decreases such as Bogotá – Cartagena, Medellín – Cartagena, Cancún -Guadalajara and Caracas – Barcelona.
The international market, both intra-regional and extra-regional, showed a shy growth with 1.2% and 1.1%, respectively. Currencies devaluation greatly affected discouraging traffic to North America (the main extra-regional market) due to high travel costs.
Despite the challenges, the industry continues to grow above the region’s GDP growth. The region is dynamic in the face of a particularly challenging year.
I wish you good reading,
Luis Felipe de Oliveira
Panama, October 9, 2019 – The Latin American and Caribbean Air Transport Association (ALTA) announced today that Latin American and Caribbean airlines carried 26.7 million passengers in August, up 4.3% – or 1,103,983 additional passengers – from the previous year. Traffic (RPK) grew 2.8% and capacity (ASK) decreased 0.6%, bringing the load factor to 83.7%, 2.7 percentage points higher than in 2018. (see table 1).
Traffic to/from Latin America & Caribbean
Latin American and Caribbean airlines carried 2.8 million passengers to and from Latin America and the Caribbean in August, up 1.1% from the previous year (see table 2). Traffic (RPK) grew 2.6% and capacity (ASK) decreased 0.9%, bringing the load factor to 86%.
Latin American and Caribbean airlines carried 20.1 million domestic passengers in August, up 5.4% from the previous year. Traffic (RPK) grew 4% and capacity (ASK) increased 1%, bringing the load factor to 82.1%.
Latin American and Caribbean airlines carried 6.6 million international passengers in August, of which 3.8 million were international passengers within the region and 2.8 million 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 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, Flybondi, FlyMontserrat, Gol Linhas Aereas, Intercaribbean Airways Ltd, Interjet, Jetsmart, LASER Airlines, LATAM Airlines Group, LIAT , Link Conexion Aerea S.A. de C.V, Junea Island Air, NatureAir, Norwegian Argentina, 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, Wingo 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.
FULL MEMBERS | ASSOCIATE MEMBERS | AFFILIATE MEMBERS
Follow ALTA News on Twitter at @ALTA_aero and on LinkedIn
Contact: Nicole Lorca (email@example.com) & Juan Sarmiento (firstname.lastname@example.org)
Mission, Objectives &
Technical Maintenance & Procurement
Legal and Aeropolitical Affairs
ALTA/IATA Safety Team
Fuel, Air Navigation & Airport Charges