Latin America and Caribbean Airlines Passenger Traffic Up 9% in October 2018

Panama, December 12, 2018

Dear readers:

Latin American and Caribbean airlines passenger traffic had a significant growth in October 2018, carrying 1.9 million additional passengers compared to the same month in 2017 or the equivalent to 9% more passengers, being the month with the highest growth recorded in the region since April 2017, when an increase of 8.7% was registered.

The highest passenger growth was recorded in the international market to/from Latin America with growth exceeding 17%. Between Colombia and the United States 33% more flights were recorded compared to October 2017 and between El Salvador and the United States, the increase was 34%. In the market to/from Europe, traffic between Brazil and Spain grew by 34%, mobilizing a total of 38,000 passengers in October.

In the intra-Latin American international market, 2 markets stood out: Peru – Chile with a 11% growth in their capacity or 100 additional flights, and the increase in flights between Argentina – Peru with 30 additional flights representing more than 20% increase.

As has been the trend throughout the year, the domestic markets of Argentina and Chile led the percentage growth with growth rates of 16% and 13%, respectively. Colombia recorded a domestic growth above 25% and Brazil, which is the most important domestic market in the region, grew by 2%.

With a 13% accumulated growth in the domestic market and 4% in the international market, Argentina has been one of the aviation markets with the best performance in the region during this year. Since 2015, the international passenger market has grown by 30% and the domestic market 39%.

Two new low-cost carriers and a mainline carrier have begun domestic operations in the country, while domestic connectivity has improved. In 2015, there were 26 routes between cities that did not need a connection in Buenos Aires and in 2018 this number reached 57 routes.

I invite you to read the detail of October 2018 passenger traffic growth in the region and let us know your thoughts.

Good reading,
Luis Felipe de Oliveira

The Latin American and Caribbean Air Transport Association (ALTA) announced today that Latin America and Caribbean airlines carried 22.8 million passengers in October, and up 9% – or 1,884,258 more passengers – from the previous year. Traffic (RPK) grew 7.8% and capacity (ASK) increased 11.9%, bringing up the load factor to 82.6%, 3.1 percentage points lower than in October 2017. (see table 1).


Table 1

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 October, up 17.2% from the previous year (see table 2). Traffic (RPK) grew 3.3% and capacity (ASK) increased 15.2%, bringing the load factor to 81.2%.

To/From Latin America & Caribbean Traffic Distribution

Table 2

Traffic data from the following airlines is included in this report: Aerolíneas Argentinas (includes Austral), Aeromar, Aeromexico, Aeromexico Connect, Avianca Holdings, Avianca Brasil, Azul Airlines, Copa Airlines, Copa Airlines Colombia, Flybondi, Interjet, Jetsmart, LATAM Airlines Group, Sky Airline, VivaAerobus, VivaColombia and Volaris.

Glossary 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