Source: Aeromexico
Grupo Aeromexico S.A.B. de C.V. (“Aeromexico”) reported June 2021 operational results.
● Grupo Aeromexico transported 1 million 407 thousand passengers in June 2021, an increase of 3.6% versus May 2021. Passengers carried were at 80.2% of June 2019 levels – domestic at 98.5% and international at 52.2%.
● Domestic capacity measured in Available Seat Kilometers (ASKs) has fully recovered to pre- pandemic levels, increasing by 1.6% compared to June 2019. International ASK recovery reached 48.4% of 2019 levels. Aeromexico’s total capacity increased by 1.3% compared to May 2021 and was at 62.3% of June 2019.
● Demand measured in Revenue Passenger Kilometers (RPKs) has also fully recovered in the domestic market, increasing by 2.1% compared to June 2019. International demand is at 40.9% of 2019 levels improving by 20.1% versus May 2021. Total demand increased by 8.3% compared to May 2021 and was at 56.7% of June 2019.
● Aeromexico’s June load factor was 78.1%, an increase of 1.0 p.p. versus May 2021 and a 6.8 p.p. decrease versus June 2019. Domestic load factor was 83.8%, an increase of 0.6p.p. versus May 2021 and a 0.4 p.p. increase versus June 2019.
● During June 2021, Aeromexico increased its capacity to Europe by 25% month-over-month as various European countries opened their borders to fully vaccinated Mexican tourists. Aeromexico is now serving Madrid twice per day, Paris once per day, and Amsterdam once per day.
Glossary:
● “RPKs” Revenue Passenger Kilometers represent one revenue-passenger transported one kilometer. This includes itinerary and charter flights. The total RPKs equals the number of revenue-passengers transported multiplied by the total distance flown.
● “ASKs” Available Seat Kilometers represent the number of available seats multiplied by the distance flown. This metric is an indicator of the airline’s capacity. It equals one seat offered for one kilometer, whether the seat is used.
● “Load Factor” equals the number of passengers transported as a percentage of the number of seats offered. It is a measure of the airline’s capacity utilization. This metric considers the total passengers transported and total seats available in itinerary flights only.
● “Passengers” refers to the total number of passengers transported by the airline.
● Grupo Aeromexico’s investors presentation is available in the following link: https://www.aeromexico.com/en-us/investors
● Grupo Aeroméxico confirms that its voluntary process of financial restructuring under Chapter 11 of the legislation of the United States of America, will be carried out in an orderly manner while it continues operating and offering services to its customers with the same quality that characterizes it, contracting from its suppliers the goods and services required for its operation. The Company will use the advantages of Chapter 11 to strengthen its financial position and liquidity, protect and preserve its operations and assets, and implement the necessary adjustments to face the impact of COVID-19.