Azul Reports April Traffic
Azul S.A., «Azul», (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of cities served, announces today its preliminary traffic results for April 2018. Consolidated passenger traffic (RPKs) increased 17.2% compared to April 2017 on a capacity increase (ASKs) of 17.6%. As a result, load factor was 81.4%, 0.3 percentage points lower than […]
COPA Holdings SA: Copa Holdings Reports Net Income of $136.5 million and EPS of $3.22 for the First Quarter of 2018
Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the first quarter of 2018 (1Q18). The terms ‘Copa Holdings’ and ‘the Company’ refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS […]
LATAM Airlines Group reports preliminary monthly statistics for April 2018
LATAM Airlines Group S.A. and its subsidiaries, («LATAM Airlines Group» or «the Company») (NYSE: LTM / IPSA:LTM), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for April 2018 compared to April 2017. System passenger traffic increased 0.8%, while capacity rose by 1.4%. As a result, the Company’s load factor […]
Gol Linhas’ (GOL) Traffic & Load Factor Increase in April
Gol Linhas Aereas Inteligentes S.A. GOL reported air traffic figures for April. Consolidated traffic, measured in revenue passenger kilometers (RPK), nudged up 1.9% to 2.76 billion. The metric rose 3% on the domestic front while the international figure declined 7.2%. On a year-over-year basis, consolidated capacity (or available seat kilometers/ASKs) inched up 0.8% to 3.46 […]
Passenger Demand Accelerates in March, Load Factor Sets Another Record
The International Air Transport Association (IATA) announced global passenger traffic results for March 2018 showing that demand (measured in revenue passenger kilometers, or RPKs) rose 9.5%, compared to the same month a year ago, the fastest pace in 12 months. Capacity (available seat kilometers, or ASKs) grew 6.4% and load factor climbed 2.3 percentage points […]
IATA"™s ground handling meet to debate key industry challenges
The four-day IATA Ground Handling Conference (IGHC) is set to open in Doha tomorrow. The 31st edition of the conference will debate the challenges and opportunities airlines and handlers are facing within the region. The event, which will be attended by top industry leaders, will discuss the industry"™s long-term economic outlook. IGHC 2018 will feature […]
Azul announces lease of two used freighter aircraft
Azul announces the lease of two used Boeing 737-400F to support the rapid growth of its cargo business unit, Azul Cargo Express. Both aircraft are expected to be delivered during the second half of this year. As a result, Azul Cargo Express will have additional capacity and greater flexibility to provide customized solutions for its […]
Protectionist risks remain for airfreight
The International Air Transport Association (IATA) has released demand growth results for global airfreight markets for February 2018, showing a 6.8 percent increase in demand measured in freight tonne kilometres (FTKs) compared to the same period of last year. Demand growth outstripped capacity growth for the 19th month in a row, but, according to IATA, […]
International Airlines Group traffic and capacity statistics
IAG announced that British Airways had finalised its new pension scheme. The airline closed its New Airways Pension Scheme (NAPS) to future accrual and its British Airways Retirement Plan (BARP) to future contributions from March 31, 2018. The schemes have been replaced by a flexible benefits scheme, incorporating a new defined contribution pension scheme, called […]
Air Freight Up 6.8% in February but Protectionist Risks Remain
The International Air Transport Association (IATA) released demand growth results for global air freight markets for February 2018 showing a 6.8% increase in demand measured in freight tonne kilometers (FTKs) compared to the same period last year. Adjusting for the potential Lunar New Year distortions by combining growth in January 2018 and February 2018, demand […]
