Dynamic Pricing – Which business analytics play a key role in optimizing revenue?
Pricing strategy is an airline"™s overall approach to maximize revenues. As well, it is a mechanism for bringing supply and demand into an equilibrium at a particular price and quantity while minimizing overbooking and unsold seat inventory. In the past, revenue management systems focused mainly on fare rules, physical (age, service categories, etc.) vs. non-physical […]
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 […]
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 – […]
