In this article:
MEXICO CITY, Jan. 7, 2025 /PRNewswire/ -- Grupo Aeromexico S.A.B. de C.V. ("Aeromexico") reports its December 2024 operational results:
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Grupo Aeromexico transported 2 million and 171 thousand passengers in December 2024, a 1.6% year-over-year decrease. International passengers increased by 2.5%, while domestic passengers decreased by 3.6%.
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Aeromexico's total capacity, measured in available seat kilometers (ASKs), decreased by 3.0% year-over-year. International ASKs decreased by 1.3%, while domestic capacity decreased by 7.0% year-over-year.
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Demand, measured in passenger-kilometers (RPKs), decreased by 0.3% year-over-year. International demand increased by 2.0%, while domestic demand decreased by 5.2%, both figures compared to December 2023.
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Aeromexico's December 2024 load factor was 85.7%, a 2.4 p.p. increase as compared to December 2023. International load factor increased by 2.8 p.p. and domestic load factor increased by 1.7 p.p.
| December | | Cumulative to December | ||||
| 2024 | 2023 | Var vs | | 2024 | 2023 | Var vs |
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Passengers (itinerary + charter, thousands) | | | | | | | |
Domestic | 1,403 | 1,456 | -3.6 % | | 17,160 | 17,700 | -3.1 % |
International | 769 | 750 | 2.5 % | | 8,178 | 7,060 | 15.8 % |
Total | 2,171 | 2,206 | -1.6 % | | 25,337 | 24,760 | 2.3 % |
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ASKs (itinerary + charter, millions) | | | | | | | |
Domestic | 1,464 | 1,574 | -7.0 % | | 18,273 | 18,998 | -3.8 % |
International | 3,524 | 3,571 | -1.3 % | | 39,084 | 33,989 | 15.0 % |
Total | 4,988 | 5,145 | -3.0 % | | 57,358 | 52,988 | 8.2 % |
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RPKs (itinerary + charter, millions) | | | | | | | |
Domestic | 1,305 | 1,376 | -5.2 % | | 15,724 | 15,922 | -1.2 % |
International | 2,969 | 2,909 | 2.0 % | | 33,921 | 28,704 | 18.2 % |
Total | 4,273 | 4,285 | -0.3 % | | 49,645 | 44,626 | 11.2 % |
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Load Factor (itinerary, %) | | | p.p. | | | | p.p. |
Domestic | 89.1 % | 87.4 % | 1.7 | | 86.0 % | 83.8 % | 2.2 |
International | 84.2 % | 81.5 % | 2.8 | | 86.8 % | 84.5 % | 2.3 |
Total | 85.7 % | 83.3 % | 2.4 | | 86.6 % | 84.2 % | 2.3 |
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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.