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TagAirlines, the airline flag from Guatemala, reported growth of 105 percent growth in passengers transported during the first quarter of 2023.
During the first three months of the year, the airline mobilized a total of 89,487 passengers, in comparison with the 43,723 passengers transported in the same period of 2022.
in the same period, the airline's seat availability increased from 63,411 at the beginning of 2022, a 134,324 at the beginning of this year.
TagAirlines carries more passengers
Passenger revenue grew 122.3% and the operating margin was higher than that generated in the first quarter of the 2022 for 6.3 times.
“We recently reported very pleased to our Board of Directors, that we have completed the first quarter with a strong start to the year. Operating and commercial results are positive and solid, even exceeding what we had in our budget. My appreciation is for the work done by the new administration, the dedication of the entire TagAirlines team and the strong support of our President. Growing in triple digits is not something commonly seen in this industry.. appreciate, in a special way, to our clients who have firmly and patiently accompanied us in this process of modernization and transformation during the last two years”, declared Julio Gamero, CEO of TagAirlines.
He explained that, further, TagAirlines consolidates its role as the airline of the Mundo Maya, by having the largest multi-destination air connectivity in the region, via 40 daily flights to 14 destinations in five countries in the region: Guatemala, The Savior, Honduras, Belize and southern Mexico.
The company promotes a profound transformation process, which includes the modernization of its fleet with type aircraft ATR 72, considered the most efficient for the operation of regional airlines in the world. The incorporation of the third aircraft of this type is expected for next month and for the month of October, a fourth.
further, during the first quarter of the year, highlighted the participation of TagAirlines in international fairs such as FITUR in Madrid and the Tianguis Turístico México 2023; as well as the signing of the interline agreement with Iberia and its formal incorporation as a member of the International Air Transport Association (THERE IT IS).
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