Analysis of the Ecuadorian aeronautical market 2017

Within the framework of the event Routes Americas 2018 what will developá in Quito in February, The agency has submitted a detailed report on the aeron marketáEcuadorian utico 2017 and its present. With this data, We analyze your prospects.

Recently, Routes publicó The report on the routes of the AMérich with más passengers and the Quito route – Guayaquil if locatedó in the TOP 20 con más de 1 millón six hundred thousand passengers in the period of 1 añor calendar between October 2016 and october 2017.

In this new report, They are presentedíDetailed participation sticsómarket number, Transported passengers and the R routesáS Big that operated towards and from Ecuador from AñO 2017. I invite you to read and share this report that clearly details in whiché the situationón is the aeron marketáEcuadorian utico.

The aeron marketáEcuadorian utico

The market toéEcuadorian inmate is a great support of the Economyía local, providing work to Más de 137.500 people between direct and indirect positions and generó a contributionón of más de $2 one billion dólares in GDP (Gross domestic product) during the 2016.

for himñO 2027, The aeron business is expectedáutico in Ecuador generates más de 196 thousand jobs and a contribution greater than $3 one thousand three hundred million Dólares in GDP, what to implyíhim 2.5% of the total GDP of Ecuador.

The Ecuadorian market isá destined to grow, Thanks to improvements in infrastructure and new airlineíNeas flying or interested in flying. And téAsk terms (Seats available per kilómeters) I grew upó just one 3.3% from the 2010, but for the above, It is possible that this increase accelerates due to greater attractivenessíaesthetic and business.

Other measures, Como la implementationón of políOpen Skies ethics, They hope to generate growth toún más accelerated in industry toéEcuadorian area.

Ecuador has 2 major international airports, Quito and Guayaquil. Each with their points in favor and find for the operationón of the aerosolsídenies. Between both, Quito carries the advantage in terms of passengers transported with Más de 5.4 million passengers and Guayaquil follows closely with 4.6 million passengers. Both add the 75% of the aeron marketáoffice of the país.

The main international destination from Ecuador is the United States with 2 million passengers transported and an average annual growth of 10% from the 2010. The following markets are Spanishña and Colombia.

Currently, the 56% of passengers traveling from or to Ecuador do so víto a hub (Panamá, Lima, Bogotaá), So it is the appropriate opportunity to increase direct flights towards the PAís.

StadiumíAeron market staticáEcuadorian utico 2017

• In Ecuador they are made Más de 49.500 flights annually, of which the 68% corresponds to giftéStics and the 32% to international.
• From Ecuador más de 6 million seven hundred and sixty thousand seats were offered, of which the 61% corresponds to the Dom marketéStico and the 39% to the international.
• At 2017 they offered 75.000 low cost seats, all international. In Ecuador aún do not operate airlineíNEAS LOW COST ON DOMéstatic, although LATAM Airlines Ecuador implementó A similar concept.

Stadiumídom market staticéEcuadorian stico

• During the 2017, fewer seats were offered than in the 2016, with a reductionón of the -13.1%, led this down mainly by Tame, which reduced its capacity by 27%.
• The AñO 2013 it was heñor with greater númere of seats offered in Ecuador with 6,834.913 million versus 4,157.394 in the AñO 2017.

• During the 2017 in Ecuador they took off 33.325 flights of 6 aerolídenies (Iberia and KLM that flew or fly between Quito and Guayaquil are considered). Currently, 14 Ecuador airports receive Dom flightséregular statics.

• Quito leads the dom marketéstic (in the grágets international) with the 43.2% Of capacity, followed by Guayaquil with the 33.3%, Galápaid (Baltra) with the 7.3% And the rest of the PA airportsís (Blanket and Tin) the 16.2%.
• The main 5 check the judgmentéEcuador Sticics by Capacity are Quito – Guayaquil, Guayaquil – Baltra, Quito – Cuenca, Quito – Manta and Guayaquil – San Cristóbal.

• In the AñO 2016 they were transported 415.034 less passengers comparedón with him 2015, which implies a reductionón of the -12,15%.
• The total number of passengers transported in the 2016 were 3.001.566 million passengers.
• Tame was the airínea presentó the biggest decline in passengers transported with the -16,73%.

Participationóno of air marketíneas doméStica Ecuador (Market Share) by capacity 2017

The añO 2017, was not the best toño Para Tame. ...ó routes, decreasedó capacity and low frequencies, All this generó that the aerolíflag line Ecuador loses enough points in his participationón in the aeron marketáEcuadorian utico:

• Tame continues to lead the participationón of the capacity in capacity offered with the 39.9%, followed by LATAM Ecuador with the 30.9% and closes in third place Avianca with the 25.7% of the participationón. The rest of the capacity is shared by KLM and Iberia that they do/doían la triangulación Quito – Guayaquil, Although they do not have TR rightsáfico.
• It should be noted that this anáparticipation lysisón of the market corresponds to the capacity of the airlineíneas and not to núnumber of passengers transported.
• In the AñO 2016, Tame is sufferingó the participationómarket n in passengers transported with the 49,51%, followed by LATAM Airlines Ecuador with the 32,62% and in third place Avianca-Ecuador with the 17,87% to participateón.

StadiumíEcuadorian International Market Stics

• At 2017, the capacity offered on international flights was reduced by -4.7%, leading onceáS This reductionón for the closure of Tame routes to destinations like Sao Paulo, Havana and Buenos Aires.
• The best año histórich in seats offered on international routes was the 2016, con más 2 million six hundred thousand seats.

• At 2017, 15,888 international flights took off to or from Ecuador.
• Currently, son 20 the aerosolsíInternational neas that operate regular flights to Ecuador. During the 2018 will addán 2 más con Spirit Airlines a Guayaquil and Condor a Quito.

• the top 5 International Routes A and from Ecuador está led by the Quito – Bogotaá with 519,792 thousand passengers passengers transported on this route, Guayaquil follows – Panamá, Quito – Panamá, Quito – Lima and Guayaquil – Bogotaá.
• The 5 greater international routes from Ecuador together add más de 2 million annual passengers transported.

• by capacity, international, The difference between Quito and Guayaquil is Míwhat. The Ecuadorian capital has the 50.3% to participateón and the pearl of the PACífico 49%. In third place is Esmeraldas with its international routes to Cali by Tame, with the 0.7% to participateón.
• Son 3 Ecuadorian airports that capture regular international flights (Esmeraldas has no categoryíto international, sino interfronterizo).

Participationóno of air marketíEcuador International Neas (Market Share) by capacity

During the 2017 There were few novelties in terms of new airlineíInternational neas in Ecuador or increase in frequencies. At the end of 2016 Air Europa startedó To fly to Guayaquil and in july 2017 for a short period voló Dynamic International Airways to Guayaquil. Other than that news, the past toñor only brought short capacity increases by Copa Airlines and United Airlines. Usually, The international market showsó A stabilizationón in operations, but the Tame effect with its route closures, perjudicó generallyíFinal Stics of Añor past, although there is an improvement when compared to the 2016.

• Avianca is the main airlineíNea in capacity offered from and to Ecuador, with the 22.9% of the participationón. Copa Airlines follows with the 17.5%, American Airlines with the 11.5%, LATAM Airlines with the 10.6% and closes the Tame EP list with the 8.9% of the participationón.
• It should be noted that this anáparticipation lysisón of the market corresponds to the capacity of the airlineíneas and not to núnumber of passengers transported.

Projections for the aeron marketáEcuadorian utico

The AñO 2017 It was also añthe aún complex for airlineílines that operate in Ecuador, so much giftéStica as international. Although comparing with the 2016, there is a drop in several levels, these are mainly driven by the Tame effect in the market, But this does not mean that for all airlineíNeas was evil toñO. Usually, All presented algún degree of growth in your income, transported passengers and others.

It was a goodñor for aviationóecuadorian n, The market stabilizesó And showó important signs of improvement, as are passengers transported on the main Dom routeéstica of the país, Quito to Guayaquil.

Even though he 2017 It was añor without major novelties, the 2018 is shown as añor a lot más attractive and new airlineíNeas already have their new routes towards Ecuador and even, some that have gone, returníand as VivaColombia O Cuban from Aviacón.

The sun marketéNatico begins to see más attractive. LATAM Ecuador and Avianca Ecuador plan strategies to increase Más national and international aircraft and routes, Thanks to an improvement of the market and a decline of the main dom competitionéstic, Tame.

Definitely, the 2018 to beá añor full of good news for the aeron marketáEcuadorian utico and that in this análysis, I don't knowó IN ACCOUNT ACCOUNT.

Special thanks to Routes and OAG for the possibility of sharing such a valuable informationón on the market toéprisoner of Ecuador.