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 […]
IATA Airlines Financial Monitor – April 2018
We are pleased to send you herewith the April report of the Airlines Financial Monitor. Key points: The initial data for Q1 2018 indicate a pick-up in airline financial performance relative to the same period a year ago. The improvement was broad-based, with every region except Europe posting a widening in their EBIT margin. Despite […]
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 […]
European airlines seek bigger piece of Latin American pie
Air France-KLM’s inauguration Thursday of a flight to a little developed corner of Brazil highlights European airlines’ attempt to bring the continents together, catching up with far more dominant routes between South and North America. Latin America is a fast-expanding destination, seeing 9.3 per cent growth in air travel last year, its biggest increase since […]
AIR FRANCE – KLM : FIRST QUARTER 2018 RESULTS
FIRST QUARTER 2018 Strong ongoing demand in the first quarter 2018: Number of passengers carried up 5.2% at 22 million. Traffic up 5.7%, leading to a load factor improvement by 1.7 pt. Group unit revenue +1.2% at constant currency compared to last year. However, Air France strikes have weighed on the economic performance of the […]
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 […]
San José Airport to build four more gates to accommodate record passenger growth
With a focus on current and future record passenger growth and continuing to offer a world-class travel experience at Mineta San José International Airport (SJC), the San José City Council on Tuesday approved Airport staff"™s plan to build an interim facility with four additional boarding gates to be opened in summer 2019. In the first […]
IATA Air Passenger Market Analysis December 2017
According to the global passenger traffic results for 2017 by IATA, global revenue passenger kilometres (RPKs) increased by 7.6% y-o-y in 2017 as a whole "“ another year of above-trend growth, well ahead of the ten-year average pace (5.5%). The industry-wide load factor increased by 0.9% in 2017, taking it to a record calendar – […]
ASUR 1Q18 Passenger Traffic Increased 9.3% YoY in Mexico and Declined 19.2% in San Juan, Puerto Rico and 5.2% in Colombia
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR), a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced results for the three-month period ended March 31, 2018. Passenger traffic in Mexico increased 9.3% YoY, reflecting increases of 12.4% and 7.3% in domestic and international traffic, respectively. […]
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 […]
