In This Article:
MEXICO CITY, June 7, 2024 /PRNewswire/ -- Grupo Aeromexico S.A.B. de C.V. ("Aeromexico") reports its May 2024 operational results:
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Grupo Aeromexico transported 2 million and 182 thousand passengers in May 2024, a 9.6% year-on-year increase. International passengers increased by 21.2%, while domestic passengers increased by 5.3%.
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Aeromexico's total capacity, measured in available seat kilometers (ASKs), increased by 12.2% year-on-year. International ASKs increased by 16.6%, while domestic capacity increased by 4.5% year-on-year.
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Demand, measured in passenger-kilometers (RPKs), increased by 16.1% year-on-year. International demand increased by 21.8%, while domestic demand increased by 6.2%, both figures with respect to May 2023.
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Aeromexico's May 2024 load factor was 86.9%, a 3.0 p.p. increase as compared to May 2023. International load factor increased by 3.8 p.p. and domestic load factor increased by 1.3 p.p.
| May | | Cumulative to May | ||||
| 2024 | 2023 | Var vs | | 2024 | 2023 | Var vs |
| | | | | | | |
Passengers (itinerary + charter, thousands) | | | | | | | |
Domestic | 1,529 | 1,451 | 5.3 % | | 7,015 | 7,024 | -0.1 % |
International | 653 | 539 | 21.2 % | | 3,250 | 2,687 | 20.9 % |
Total | 2,182 | 1,990 | 9.6 % | | 10,265 | 9,711 | 5.7 % |
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ASKs (itinerary + charter, millions) | | | | | | | |
Domestic | 1,648 | 1,577 | 4.5 % | | 7,459 | 7,768 | -4.0 % |
International | 3,169 | 2,717 | 16.6 % | | 15,731 | 13,067 | 20.4 % |
Total | 4,817 | 4,294 | 12.2 % | | 23,190 | 20,835 | 11.3 % |
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RPKs (itinerary + charter, millions) | | | | | | | |
Domestic | 1,393 | 1,312 | 6.2 % | | 6,412 | 6,329 | 1.3 % |
International | 2,793 | 2,293 | 21.8 % | | 13,456 | 10,669 | 26.1 % |
Total | 4,187 | 3,605 | 16.1 % | | 19,868 | 16,998 | 16.9 % |
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Load Factor (itinerary, %) | | | p.p. | | | | p.p. |
Domestic | 84.5 % | 83.2 % | 1.3 | | 86.0 % | 81.5 % | 4.5 |
International | 88.2 % | 84.4 % | 3.8 | | 85.5 % | 81.7 % | 3.9 |
Total | 86.9 % | 83.9 % | 3.0 | | 85.7 % | 81.6 % | 4.1 |
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Figures may not sum to total due to rounding. |
The information included within this report has not been audited and does not provide information on the Company's future performance. Aeromexico's future performance depends on many factors and it cannot be inferred that any period's performance or its year-over-year comparison will be an indicator of similar future performance.
Glossary:
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"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.
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"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.
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"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.
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"Passengers" refers to the total number of passengers transported by the airline.