ALTA TRAFFIC REPORT FEBRUARY 2017

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The Latin American and Caribbean Air Transport Association (ALTA) announced today that Latin America and Caribbean airlines carried 12 million passengers in February, up 8.2% from the previous year, excluding domestic traffic in Brazil, marking the 66th consecutive month of passenger traffic growth for Latin America and Caribbean airlines.

Traffic (RPK) grew 8.4% and capacity (ASK) increased 5.6%, bringing up the load factor to 81.2%, equivalent to 2.1 percentage points higher than in February 2016 (see table 1).

Overall, Latin America and Caribbean airlines carried 18.7 million passengers in February, up 2.5% – or 462,000 more passengers – from the previous year. Traffic (RPK) grew 4.9% and capacity (ASK) increased 2.6%, bringing up the load factor to 80.7%, 1.8 percentage points higher than in February 2016. Freight ton kilometers declined 5.8% in February 2017 as compared with the same month of the previous year, reaching 347 million FTKs (see table 2). Comparing 2017 vs. 2016

Traffic to/from Latin America & Caribbean Latin America and Caribbean airlines carried 1.7 million passengers to and from Latin America and the Caribbean in February, up 7.2% from the previous year (see table 3). Traffic (RPK) grew 5.1% and capacity (ASK) increased 3.5%, bringing the load factor to 81.3%, equivalent to 1.2 percentage points higher than in February 2016. Domestic Deployed Seat Capacity in Latin America & Caribbean International Deployed Seat Capacity in Latin America & Caribbean 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 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.