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ALTA reports increase in passenger traffic from January to October

Mexico reflected a 4.2% decrease in domestic traffic compared to 2023.

T21 Media by T21 Media
6 December, 2024
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From January to October of this year, passenger air traffic in Latin America and the Caribbean was 394 million 538 thousand 684 passengers, which meant an increase of 5.7% year-on-year .

The Latin American and Caribbean Air Transport Association (ALTA)  reported that domestic traffic grew by 2.5%, from 205 million 589 thousand 163 passengers to 210 million 761 thousand 721. International traffic was the fastest growing segment, with 12.8% year-on-year, from 40 million 620 thousand 985 to 45 million 816 thousand 831 passengers.

Source: ALTA

While in October, air passenger traffic reached 38.7 million, a growth of 4.6% (+1.7 million passengers vs. October 2023), 45% of this increase was driven by the Colombian domestic market, which added 524,624 additional passengers (+16.2%).

The domestic segment accounted for 60% of total growth , handling 22.3 million passengers, achieving its second best performance of the year, after February. In total, 190,406 flights were operated, with the Bogotá – Medellín route being the busiest, with 422,318 passengers.

Intraregional traffic grew by 9.1%, reaching 4.7 million passengers and 43,147 flights. This growth was led by the Brazil-Chile market, which added 103,000 additional passengers thanks to new frequencies. Also notable was the 21.7% increase in passengers between Colombia and Panama.

Meanwhile, extra-LAC traffic grew 2.5%, totaling 11.7 million passengers on 72,257 flights. Routes to North America registered the largest absolute increase, with 941,185 additional passengers (+0.9%) and 398 additional flights, 108 of them on the Orlando-Punta Cana route. Connections to Europe grew 6.3%, totaling 9,808 flights, with Caracas-Madrid as the leading route.

Demand (RPK) grew 3.8% and supply (ASK) increased 3.3%, with an occupancy factor of 84.9%, an increase of 0.4 percentage points compared to 2023.

Source: ALTA

ALTA stated that in Mexico, domestic traffic totaled 5.2 million passengers, reflecting a decrease of 4.2% compared to 2023. 35,797 flights were operated. However, the Guadalajara – Monterrey route grew by 6% in frequencies, moving 86,291 passengers. The Mérida airport increased its flights by 8.2%, while Puerto Vallarta (PVR) reported an increase of 9 percent.

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índice de Confianza del Transporte y Logística – Cuarto trimestre 2023 10 destinos de exportación de vehículos pesados 2023 Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023 La venta de vehículos pesados rompe récord en 2023 5 marcas de camiones más vendidas