in an April this year without Easter
RR | Mexico City | May 20, 2024
Leave a comment
RELATED TOPICS: ASUR, Mexico City, Enrique Navarro, Fernando Chico Pard, GAP, Juan Carlos Zuazua, OMA, Pratt & Whitney, Raúl Revueltas, Viva Aerobús, Volaris
In April, Viva Aerobus suffered a drop in its occupancy and also in its international ticket, in the midst of inspections of Pratt & Whitney’s GTF engines and due to the effect of Easter. The number of travelers on foreign Flights decreased by 3% year-on-year last month, while the load factor this April was 83.2% in April, representing 4.1 percentage points less than in the same month last year.
Viva Aerobus domestic traffic in April increased by 6.7% compared to 2023 data, but capacity rose by 11.7%, so this greater increase in the availability of seats that could not cover demand explains the decrease in occupation.
“While we continue to observe solid fundamentals in the Mexican market, April traffic reflects the effects of the timing of Easter, which moved from the second to the first quarter this year,” said Juan Carlos Zuazua, general director of Viva Aerobus, in a statement.
And he added that “operationally, it continues to be a challenging year for the industry, derived from the challenges arising from preventive inspections on Pratt & Whitney GTF engines, so we continue to work hard to maintain our operational reliability.”
As reported REPORTUR.mx, Viva Aerobus and Volaris dominate Mexico’s domestic market; However, with the revisions of the P&W engines, airlines have had to reduce their supply of available seats, but the decrease is also attributed to the upcoming elections, which causes the economy to lose dynamism. (Blow to Viva and Volaris for the elections and their engine failures).
Concessionaires such as Asur, Gap and Oma have shown a drop in passenger traffic and anticipate that demand will continue to weaken in the second half. Asur, chaired by Fernando Chico Pardo; GAP, led by Raúl Revueltas, and OMA, led by Enrique Navarro, in total transported 12.9 million passengers at the beginning of the second quarter of 2024, which meant for these concessionaires a weakening in domestic passengers, and they project a challenging year.
