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Aeromexico Reports December 2024 Traffic Results

Grupo Aeromexico S.A.B. de C.V. has recently announced its operational results for December 2024, showcasing a mixed performance in passenger transportation. The airline transported a total of 2 million and 171 thousand passengers, which represented a 1.6% decline compared to the same month the previous year.

Despite this overall reduction, the breakdown of the figures reveals a 2.5% increase in international passengers, contrasting with a 3.6% decrease in domestic travelers. This highlights a trend where international travel demand is showing signs of recovery, potentially influenced by increasing global connectivity and rising tourism.

Aeromexico's operational capacity, measured in available seat kilometers (ASKs), also saw a slight downturn of 3.0% year-over-year. Notably, domestic capacity expressed through ASKs declined by 7.0%, pointing to a strategic adjustment in their route offerings or operational efficiency, whereas the decrease in international ASKs was more moderate at 1.3%.

When analyzing demand through revenue passenger kilometers (RPKs), there was only a marginal decrease of 0.3% overall. International demand witnessed a positive shift of 2.0%, but domestic demand decreased notably by 5.2%. This data underscores the ongoing fluctuations in travel preferences and behaviors as travelers may opt for international destinations over domestic flights.

Notably, Aeromexico also experienced an increase in its load factor, which reflects its capacity utilization. The load factor for December 2024 was 85.7%, a significant improvement of 2.4 percentage points compared to the same period last year. This rise was driven by an increase in both international (up 2.8 percentage points) and domestic load factors (up 1.7 percentage points). A higher load factor typically indicates more efficient operation and better revenue per flight.

To provide a comparative perspective, let’s delve into the detailed figures:

Passenger Statistics:

• - Domestic Passengers: 1,403 thousand (down 3.6% from previous year)
• - International Passengers: 769 thousand (up 2.5% from previous year)
• - Total Passengers: 2,171 thousand (down 1.6% from previous year)

Capacity and Demand Measures:

• - Domestic ASKs: 1,464 million (down 7.0%)
• - International ASKs: 3,524 million (down 1.3%)
• - Total ASKs: 4,988 million (down 3.0%)

• - Domestic RPKs: 1,305 million (down 5.2%)
• - International RPKs: 2,969 million (up 2.0%)
• - Total RPKs: 4,273 million (down 0.3%)

Load Factors:

• - Domestic Load Factor: 89.1% (up 1.7 percentage points)
• - International Load Factor: 84.2% (up 2.8 percentage points)
• - Total Load Factor: 85.7% (up 2.4 percentage points)

In summary, Aeromexico's December numbers reflect complex dynamics within the airline industry, balancing challenges of domestic market adjustments while capitalizing on the recovering international segment. These results not only demonstrate the airline's current position but also signal areas for potential growth and focus in the upcoming year.

As we move forward into 2025, understanding these trends will be vital for stakeholders looking to navigate the evolving landscape of air travel in Mexico and beyond.

Grupo Aeromexico continues to adapt its strategies, ensuring it remains competitive whilst catering to the changing travel demands of its consumers. The airline holds a key position within the industry, supported by its solid network, fleet, and alliance memberships, particularly with the SkyTeam. With ongoing modifications in operations and service offerings, Aeromexico is poised for future developments and recovery in a post-pandemic world.