ALTA TRAFFIC REPORT, MARCH 2018
Latin America and Caribbean airlines passenger Traffic Up 5.4% in March 2018
Panama, May 10, 2018
Latin America and the Caribbean airlines carried 1.1 million additional passengers in March, resulting in a passenger traffic increase of 5.4%, compare to 2017. The main reason for this growth was the Holy Week, which in 2018 was celebrated in March, while in 2017 it was celebrated in April.
Of this growth, 40% corresponds to international passengers travelling from/to Latin America and the Caribbean, with origin/destination in the United States and Canada, mainly. In the flow of traffic to/from these two countries, there was an increase of 376,000 passengers (27%+), with respect to 2017. Emerging markets for the region such as Africa and Asia Pacific also showed an interesting growth in the number of passengers carried to/from Latin America and the Caribbean: 71% and 39%, respectively.
March left very positive results and also the accomplishment of 6 consecutive quarters of growth for airlines in the region, as a result of Brazil’s economic recovery since the end of 2016, principally. These results encourage us to think positively about 2018 traffic growth within the region.
I invite you to read below the detail of March air traffic in our region and send us your comments.
Luis Felipe de Oliveira
The Latin American and Caribbean Air Transport Association (ALTA) announced today that Latin America and Caribbean airlines carried 21.5 million passengers in March and up 5.4% (1,096,293 more passengers) with respect to the previous year. Traffic (RPK) grew 9% and capacity (ASK) increased 8.6%, bringing up the load factor to 81.6% (0.3 percentage points higher than in March 2017). See table 1
Monthly Passenger Traffic Growth
Traffic to/from Latin America & Caribbean
Latin America and Caribbean airlines carried 2.2 million passengers to and from Latin America and the Caribbean in March and up 24.4% from the previous year (see table 2). Traffic (RPK) grew 19.2% and capacity (ASK) increased 19.2%, bringing up the load factor to 82.4%.
To/From Latin America & Caribbean Traffic Distribution
Reporting airlines: Aerolíneas Argentinas (includes Austral), Aeromar, Aeromexico, Aeromexico Connect, Avianca, Avianca Brasil, Copa Airlines, Copa Airlines Colombia, Insel Air, LATAM Airlines Group, Sky Airline and Volaris.
Additional Sources: SCT Mexico, ANAC Brazil, JAC Chile, Aerocivil Colombia.
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.
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