//AIRLINES

Volaris Reports April 2020 Traffic Results: Schedule Reductions to Face COVID-19

Source: Volaris Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reported April2020 preliminary traffic results. In April 2020, capacity measured by ASMs (Available Seat Miles) decreased by 82.4% vs the same period of last year, while demand measured by RPMs (Revenue Passenger Miles) decreased 81.8% year over year. Volaris transported a total of 307 thousand passengers during the month of April, a decrease of 83.4% year over year. Network-wide load factor for April 2020 was 87.4%. These decreases were a result of the decline in demand of air travel services related to the virus SARS-CoV-2 (COVID-19) pandemic, which affected Volaris in the month of April, as announced in the capacity guidance [...]

2020-05-12T09:46:32+03:00May 7th, 2020|AIRLINES, News|

Copa Holdings Reports Net Profit of $74.3 million and EPS of $1.75 for the First Quarter of 2020

Source: Copa Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the first quarter of 2020 (1Q20). 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 financial information included in the financial tables section of this earnings release. Unless otherwise stated, all comparisons with prior periods refer to the first quarter of 2019 (1Q19). OPERATING AND FINANCIAL HIGHLIGHTS Due to air travel restrictions implemented in response to the Covid-19 outbreak, the Company was forced to temporarily suspend all commercial flights on March 22nd, 2020.  The Company currently expects to [...]

2020-05-12T09:45:11+03:00May 6th, 2020|AIRLINES, News|

GOL Preliminary Traffic Figures for April 2020

Source: GOL GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), largest domestic airline, announces today preliminary air traffic figures for the month of April 2020, compared to the same period in 2019. During the month of March, GOL adjusted its network in both domestic and international markets to account for the decrease in customer demand as Brazilians took responsible steps to socially distance. As the effects of the COVID-19 pandemic reduced demand, starting on Saturday, March 28, the network was reformulated to guarantee essential service to Brazilian capitals from the São Paulo International Airport in Guarulhos. This essential network operated throughout the month of April and resulted in a decrease of domestic flights of 93% and, with the [...]

2020-05-12T09:40:24+03:00May 6th, 2020|AIRLINES, News|

CARIBBEAN AIRLINES CARGO LAUNCHES CHARTER SERVICE

Caribbean Airlines introduces cargo charter services to support supply chains within the  Caribbean region.   The airline launched this new option to meet the growing demand for cargo uplift to a number of Caribbean islands, which are now experiencing significantly reduced cargo capacity with the closure of borders to passenger aircraft, due to the COVID-19 pandemic.   Caribbean Airlines Cargo will utilize the airline’s fleet of Boeing 737-800 and ATR-72 aircraft, offering up to 18,000 pounds for the movement of essential goods to and from destinations, including but not limited to, Antigua, Barbados, Curacao, Grenada, Guyana, Jamaica, Nassau, St. Lucia, St. Maarten, St. Vincent, Suriname and Trinidad and Tobago.   Charter flights will be subject to the regulatory approvals of [...]

2020-04-28T19:52:17+03:00April 27th, 2020|AIRLINES, News|

Aerolineas adds two new flights to Cancun and Punta Cana

Aerolíneas Argentinas announced 2 new exceptional flights from Cancun and Punta Cana, scheduled for April 15 and April 16, respectively. Both flights will be operated with Airbus 330–200 aircraft, which implies that a total of 530 seats will be available for Argentine people who are still stranded abroad. It is important to highlight that the Ministry of Foreign Affairs and Worship is the authority that defines the lists of passengers based upon the priorities established by health protocols. Said modality applies to exceptional flights. That is why passengers have been asked to make their requests through the consular offices, since the Company will not issue bookings or commercialize the flight through its sales channels. Having confirmed these new flights, so [...]

2020-04-14T00:51:29+03:00April 11th, 2020|AIRLINES, News|

Volaris Reports March 2020 Traffic Results, Load Factor of 82%

Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reported March2020 preliminary traffic results. In March 2020, capacity measured by ASMs (Available Seat Miles) decreased by 5.6% vs the same period of last year, while demand measured by RPMs (Revenue Passenger Miles) decreased 10.3% year over year.  Volaris transported a total of 1.6 million passengers during the month of March, a decrease of 12.8% year over year. Network-wide load factor for March 2020 was 82.3%, a decrease of 4.3 pp versus last year. These decreases were a result of the decline in demand related to the virus SARS-CoV-2 (COVID-19) pandemic, which affected Volaris at the end of March. On March 24, 2020 the [...]

2020-04-14T00:22:33+03:00April 7th, 2020|AIRLINES, News|

Viva Aerobus reports monthly passenger figures corresponding to March 2020

Viva Aerobus, Mexico´s ultra-low-cost carrier, reports its monthly passenger figures corresponding to March 2020. The airline registered nearly 850 thousand passengers this month with a load factor of 80.5%. This represented an increase of 1% in the number of customers compared to March 2019 and a decrease in the load factor of 10.4 percentage points. This decrease was caused by the drop in de-mand resulting from the health emergency due to the COVID-19 outbreak in the world and due to the growth in our country. Regarding the accumulated total for the year (January-March 2020), Viva Aerobus reported 2.8 million passengers and an average load factor of 84.7%. These results, compared to the accumulated January - March 2019, implied an increase [...]

2020-04-14T00:40:27+03:00April 6th, 2020|AIRLINES, News|