Grupo Aeromexico (AM) announced its consolidated 2011 results showing a record operating profit of MXN3.4 billion ($265 million), up 27% compared to 2010, and the highest full-year numbers in the carrier’s history.
Total revenue increased 28% to MXN35.8 billion, while net income decreased 13% to MXN 2.08 billion. Passenger load factor rose 0.5 points to 78.4%, the highest yearly mark so far. ASKs increased 20%, while RPKs grew 21%. Passenger boardings grew 20% to 14.3 million. International operations produced 44% of total passenger revenues. International passenger boardings grew 42%, while domestic boardings increased 14%.
ASKs increased 33% in international markets and 6% on the domestic front. CASKs rose 6%, reflecting a 37% increase in fuel prices. Fuel costs increased from MXN3.9 billion to MXN11.2 billion.
AM took delivery of four Embraer E-190s, six Boeing 737s and one 767 in 2011. Havana, Guatemala City, Caracas, Brownsville, Fresno and Sacramento were added to the international route network, while Huatulco and Colima joined the domestic network. In 2011, AM flew to 42 domestic and 31 international destinations.
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Source : ATW Daily News
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