LATAM Airlines Group reports preliminary monthly statistics for April 2018
LATAM Airlines Group S.A. and its subsidiaries, («LATAM Airlines Group» or «the Company») (NYSE: LTM / IPSA:LTM), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for April 2018 compared to April 2017. System passenger traffic increased 0.8%, while capacity rose by 1.4%. As a result, the Company’s load factor […]
GOL discloses preliminary traffic figures for April 2018
GOL Linhas Aéreas Inteligentes S.A., (NYSE:GOL), announces today preliminary air traffic figures for the month of April, 2018. Comparisons refer to the same period of 2017. Highlights The total volume of GOL departures increased by 0.6% and the number of seats was up 1.0% in April, resulting in an increase in total supply (ASKs) of […]
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 […]
Vistara joins global airlines’ body IATA ahead of international operations
Till now, only two Indian carriers – Air India and Jet Airways – were part of the International Air Transport Association (IATA), which has 280 airlines as its members, representing as much as 83 per cent of the total air traffic across 120 countries. Tata-SIA joint venture airline Vistara has joined the 280-members global airlines’ […]
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. […]
LATAM Airlines Group reports preliminary monthly statistics for March 2018
LATAM Airlines Group S.A. and its subsidiaries, («LATAM Airlines Group» or «the Company») (NYSE: LTM / IPSA: LTM), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for March 2018 compared to March 2017. System passenger traffic increased 4.4%, while capacity rose by 2.8%. As a result, the Company’s load […]
Iata warns of slowing growth after February rebound
Global airline passenger traffic results for February showed a rebound in growth following slower demand seen in the previous month. However, Iata warned that continued growth will be "tempered" for the rest of the year. Latest figures from the airline trade body show 7.6% growth in February, up from 4.6% year-on-year in January, based on […]
International Airlines Group traffic and capacity statistics
IAG announced that British Airways had finalised its new pension scheme. The airline closed its New Airways Pension Scheme (NAPS) to future accrual and its British Airways Retirement Plan (BARP) to future contributions from March 31, 2018. The schemes have been replaced by a flexible benefits scheme, incorporating a new defined contribution pension scheme, called […]
Infrastructure, Costs Key to Harness Power of Aviation in Latin America
The International Air Transport Association (IATA) called on the governments of Latin America and the Caribbean to focus on infrastructure, costs and the region"™s regulatory framework. By concentrating on these areas, the economic and social benefits of aviation can be maximized while accommodating the region"™s expanding demand for air connectivity. Aviation already plays an important […]
ALTA: Proposed Colombian travel tax will damage competitiveness
The Latin American & Caribbean Air Transport Association (ALTA) has spoken out against a national air passenger travel tax"”which would charge a COP8,000 ($2.86) fee for Colombian passengers and COP13,935 fee for international passenger"”proposed by Bogota, Colombia mayor Enrique Peñalosa, who said the tax is necessary for road infrastructure investment. In its April newsletter, ALTA […]
