AVIATION INDUSTRY

Latin America and Caribbean airlines passenger Traffic Up 5.4% in March 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.

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.

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.

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