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He wears it OAG.com presents its first report and analysis of the commercial air market for the first air quarter in Latin America 2018, where growth stands out (al fin) from Brazil, Viva Air Group, the traffic that China generates and the most punctual airports in the region.
Brazil recovers but the Caribbean continues to decline
in the last 12 months airlines operated 418.8m seats in Latin America, 12.6m more than 12 previous months. This translates into a growth of 3.1%.
The south of South America experienced its highest growth in recent years, with a 10% more capacity this April than last. The region is stimulated by the recovery of Brazil, where the airlines added 670.000 seats in april, and also by Argentina and Chile, with a growth of 17% and 22% respectively.
The decline in capacity in the Caribbean has slowed with the start of the summer season, but with a 7% less this April compared to last year due to continued capacity reduction in Cuba, which has already reduced 115.500 of seats, and the ongoing recovery of areas of the Caribbean hit by last year's devastating hurricanes (the places with the most impact are Puerto Rico, Virgin Islands and Saint Martin Island).
The Viva Group growing stronger in Peru
With the great ambition of providing low-cost transportation in Latin America, the live group (founded by Irelandia Aviation, who also established Ryanair and other successful global LLC brands) entered Colombia and Peru last year.
In Peru, the group (through Viva Perú and Viva Colombia, of your property) has managed to secure a 8% of capacity since its launch in early 2017. For now, The Group operates in the Peruvian domestic market, attending 5 of the main routes of Peru from Lima to Cusco, Arequipa, Piura, Tarapoto and Iquitos.
All of these routes are already served by other airlines but it is interesting to see that the new entrant does not seem concerned about the competition..
According to CAPA, The Viva Group currently has 13 A320 aircraft in its fleet, with a request from others 50, which means that he has big plans for Latin America.
What China means for South America
Many parts of the world are feeling the impact of the wave of Chinese outbound tourism; However, ¿qué efecto está teniendo en el transporte aéreo sudamericano, area located so far from China?
In the last quarter of 2017 was 118.000 reservations between China and South America, an increase of 66% compared to the previous year.
Brazil, Argentina, Chile, Peru and Venezuela are the 5 main South American countries of origin and destination, and justify the 83% of all traffic to and from China, siendo Brasil – China el mercado más grande y creando por sí solo el 37% of traffic.
Reserves in Brazil-China grew by 13% between the last quarter of 2016 and the one of 2017. The Argentina-China route grew by 10% y para Chile – China el aumento ha sido de un 11%.
Since it is almost impossible to have a non-stop service due to the great distance, almost all passengers make connections. Amsterdam and Paris are the favorite connection points, followed by Dubai, Dallas/Ft.Worth y Doha.
OTP – On Time Performance
The average punctuality performance for the 10 main airports in Latin America was 82.8% in march 2018, slightly below the March average 2017, which was from 83.5%.
Panama City (PTY) has the highest OTP, with a 94% of flights that operate on time. Mexico City (MEX) has the second highest OTP with a 90%, and experienced considerable improvement last March, where he 82% of flights operated on time.
More than half of the 10 Major airports recorded above-average OTP, which is admirable considering that some of these airports are experiencing strong growth; for example Cancun, with a 12% more flights this March compared to last year managed to improve its OTP of 82% a 85%, and Santiago (SCL) with 20% more flights experienced a drop in 86% al 83%.
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