November 14, 2012 at 11:09 AM EST
Grupo Aeromexico Reports 4.1 Percent Increase in Passenger Numbers for January-October Period

MEXICO CITY, Nov. 14, 2012 /PRNewswire/ -- Grupo Aeromexico S.A.B de C.V. ("Aeromexico") (BMV: AEROMEX), the largest intercontinental airline in Mexico, reports operating statistics for October, 2012.

Grupo Aeromexico transported 12 million 289 thousand passengers in the first ten months of 2012, which represents a 4.1% year-on-year increase driven by a 6.0% increase in international passenger traffic and a 3.4% increase in domestic passenger traffic. In October 2012, Grupo Aeromexico transported one million 251 thousand passengers, which represents 1.0% year-on-year growth for the month of October. Domestic passenger traffic grew 2.3% while international passenger traffic decreased 2.5% in October, partially affected by the 30 flights cancelled during October due to weather conditions on the east coast of the United States associated with Hurricane Sandy.

The Company's demand, measured in Revenue Passenger Kilometers (RPKs), increased 4.3% and capacity, measured in Available Seat Kilometers (ASKs), increased 6.5% in the first ten months of the year. Therefore, the load factor for that period was 76.7%. In October, Grupo Aeromexico's RPKs increased 0.1% and ASKs grew 3.8%, year-on-year. As a result, the load factor for the month was 75.6%.


 October 


 YTD October 


2012

2011

 Var 


2012

2011

 Var 

 RPK's Itinerary + Charter (Millions) 






 Domestic 

796

769

3.5%


7,847

7,497

4.7%

 International 

1,178

1,203

-2.1%


11,614

11,161

4.1%

 Total 

1,974

1,972

0.1%


19,461

18,659

4.3%









 ASK's  Itinerary + Charter (Millions) 






 Domestic 

1,141

1,000

14.1%


10,777

9,806

9.9%

 International 

1,479

1,525

-3.0%


14,645

14,074

4.1%

 Total 

2,620

2,525

3.8%


25,422

23,880

6.5%









 Load Factor (Itinerary) 


p.p.




p.p.

 Domestic 

70.2

77.1

-6.8


72.9

76.9

-4.0

 International 

79.7

79.1

0.5


79.5

79.7

-0.1

 Total 

75.6

78.3

-2.7


76.7

78.5

-1.8









 Passengers  Itinerary + Charter ('000) 






 Domestic 

927

906

2.3%


8,975

8,679

3.4%

 International 

324

332

-2.5%


3,313

3,125

6.0%

 Total 

1,251

1,239

1.0%


12,289

11,804

4.1%









According to the latest report published by the DGAC (Direccion General de Aeronautica Civil – Mexico's National Aviation Authority), in September of 2012, Grupo Aeromexico controlled 37% of the domestic market and 17% of the international market. In the first nine months of the year, Grupo Aeromexico's overall market share was 26%, with 38% of the domestic market and 14% of the international market.

 Market Share (Passengers Itinerary + Charter) 






 September 


 YTD September 


2012

2011

 Var 


2012

2011

 Var 

 Domestic 

37%

40%

-3.0


38%

40%

-2.0

 International 

17%

18%

-1.0


14%

14%

0.0

 Total 

28%

30%

-2.0


26%

26%

0.0

DGAC's market share data is based on its Air Carrier Operational Statistics reports, which are published within one month of Grupo Aeromexico's operational statistics.

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 comparison year-over-year will be an indicator of similar performance in the future.

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 or not 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 takes into account the total passengers transported and total seats available in itinerary flights.
  • "Passengers" refers to the total number of passengers transported by the airline.

About Grupo Aeromexico
Grupo Aeromexico, S.A.B. de C.V. (Mexico: AEROMEX.MX) is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. It operates a fleet of Boeing 777, 767, and 737 jet airliners and next generation Embraer 145, 170 and 190 models. The Group began a major expansion plan in 2011 that includes the incorporation of 20 new aircraft and properties. In 2012, the Group announced that it signed a letter of intent to buy Boeing 100 aircraft, including 90 Boeing 737 Max jet airliners and ten Boeing 787-9 Dreamliners.

Grupo Aeromexico operates its main hub out of Terminal 2 in the Mexico City International Airport. In 2011 the Group transported over 14 million passenger and offers over 600 daily flights to different cities in Mexico, the United States, Canada, Central and South America, Europe and Asia. 

www.aeromexico.com

SOURCE Grupo Aeromexico S.A.B de C.V.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here