Volaris Reports November 2021 Traffic Results: 26% demand growth versus 2019 with an 89% Load Factor
Volaris (the «Company») (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States, Central and South America reports its November 2021 preliminary traffic results. In November 2021, passenger demand (RPMs) in the domestic Mexican and international markets for Volaris increased 30.4% and 14.2%, respectively, as compared to November 2019. The Company capitalized […]
Moderate Rebound in September Passenger Demand
The International Air Transport Association (IATA) announced a moderate rebound in air travel in September 2021 compared to August’s performance. This was driven by recovery in domestic markets, in particular China, where some travel curbs were lifted following the COVID-19 outbreaks in August. International demand, meanwhile, slipped slightly compared to the previous month. Because comparisons […]
Governments’ Response to Delta Variant Slams August Domestic Traffic Demand
The International Air Transport Association (IATA) announced that the recovery in air travel decelerated in August compared to July, as government actions in response to concerns over the COVID-19 Delta variant cut deeply into domestic travel demand. Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise […]
Volaris Reports August 2021 Traffic Results: 23% capacity growth versus 2019 and 85% Load Factor
Volaris (the «Company») (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports its August 2021 preliminary traffic results. In August 2021, demand in the domestic Mexican and international markets for Volaris increased 29.4% and 13.9%, respectively, as compared to August 2019. The Company capitalized on opportunities to […]
Aeromexico Reports July 2021 Traffic Results
Grupo Aeromexico S.A.B. de C.V. («Aeromexico») (BMV: AEROMEX) reported July 2021 operational results. Grupo Aeromexico transported 1 million 669 thousand passengers in July 2021, an increase of 18.6% versus June 2021 and 87.0% of July 2019 levels. Aeromexico carried 6.6% more Domestic passengers in July 2021 than in July 2019, with International passengers carried at […]
Stark impact of COVID-19 on global traffic persists amid improving outlook
New Airports Council International (ACI) World data shows the lasting adverse impact of the COVID-19 crisis is forecast to remove an additional five billion passengers by the end of this year compared to the pre-COVID-19 forecast. Compared to 2019 levels this is expected to be -47.3% by year end with domestic passenger traffic recovering faster […]
Qantas confident Australian domestic market will return to pre-COVID-19 traffic levels
Qantas predicted its domestic capacity will exceed pre-COVID-19 pandemic levels for its fiscal year (FY22) beginning July 1. The Qantas Group’s domestic capacity will reach 95% of normal levels in the three months ending June 30, the fourth quarter of its 2021 fiscal year, the Australian flag carrier said. The parent airline is expected to […]
US airlines to increase Spanish service
American Airlines and United Airlines are to increase service to Spain after the European country’s government confirmed that borders would reopen from June 7 to travelers who have been fully vaccinated. Oneworld alliance member American said it plans to reinstate two routes to the Spanish capital Madrid, home to the airline’s Atlantic joint business partner […]
Reduced Losses but Continued Pain in 2021
The International Air Transport Association (IATA) expects net airline industry losses of $47.7 billion in 2021 (net profit margin of -10.4%). This is an improvement on the estimated net industry loss of $126.4 billion in 2020 (net profit margin of -33.9%). “This crisis is longer and deeper than anyone could have expected. Losses will be […]
IATA Welcomes WHO Emergency Committee Risk Management Recommendations
The International Air Transport Association (IATA) urged states to comply with recommendations on international travel from the World Health Organization’s International Health Regulations (2005) Emergency Committee on testing and risk management during the COVID-19 pandemic. In particular, IATA highlighted the following recommendations for states: “Do not require proof of vaccination as a condition of entry.” […]
