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News Article

Aeroméxico Releases 2Q2021 Report, Announces More Routes

By Jorge Ramos Zwanziger | Fri, 07/23/2021 - 13:07

Aeroméxico’s 2Q2021 report shows a recovery in revenue, capacity and demand driven by the gradual recovery of the domestic and international markets. During the month, the airline also announced new measures to increase demand and operations.

The COVID-19 pandemic plunged Aeroméxico’s demand and operation, leading the company to file for Chapter 11 bankruptcy protection. Now, Mexico’s flagship airline seems to have left the worst behind, with numbers rising steadily in both domestic and international traffic. In its 2Q2021 report, Aeroméxico highlights that capacity increased by 9 percent in comparison to 1Q2021. Revenue was also up by 46.2 percent in the second quarter in comparison to the first, for a total of MX$10 billion (US$500 million). Passenger traffic also rose sharply. While the airline has been steadily recovering, it still has a long way to go before achieving its pre-pandemic levels, with total revenue for 2Q2021 still 40.5 percent below 2Q2019. The airline closed the quarter with a consolidated net loss of MX$2.8 billion (US$$140 million).

In other news, the airline announced in a press release that it restarted operations from Mexico City to Austin and Dallas, with an offer of seven weekly flights for each destination which can be booked from Aeroméxico and Delta Air Lines, Both airlines have a long history working together and Delta has taken several measures to support Aeroméxico recently. "We are pleased to return to both destinations, which allow us to provide more and better options to our customers. In addition, with this increase in our connectivity, during July we will offer around 600 flights and more than 80,000 seats to the four main cities in the state of Texas: Austin, Dallas-Fort Worth, Houston, and San Antonio,” mentioned José Zapata, Aeroméxico's Vice President of Sales, according to the company´s press release. Currently, both Delta and Aeroméxico offer more than 40 routes between Mexico and the US, and in July they will operate more than 4,500 flights, a 91 percent recovery compared to July 2019.

Aeroméxico also restarted operations to the International Airport of Augusto C. Sandino in Managua, Nicaragua, in July, announced the company via a press release. The route will have three flights per week, on Tuesdays, Thursdays and Saturdays, all flying from Mexico City. The airline has connected both cities since 2015. “This restart in commercial operations from Aeroméxico shows the trust it has in our country and contributes to the efforts that the government has made for the recovery of tourism in the country of Nicaragua,” said Shantanny Anasha Campbell Lewis, Ministry of Tourism of Nicaragua, according to Aeroméxico. The reopened route will offer over 2,700 seats a month.

The airline will also incorporate 12 new Boeing 737 Max aircraft, according to a company’s press release, in addition to the 28 the company announced in April 2021. These new planes will allow Aeroméxico to keep offering the best of services to its customers, said Nicolás Ferri, Commercial Executive Vice-President of Aeroméxico.

The data used in this article was sourced from:  
Aeromexico
Jorge Ramos Zwanziger Jorge Ramos Zwanziger Junior Journalist and Industry Analyst