Viva Aerobus Flying FarBy Jorge Ramos Zwanziger | Fri, 08/06/2021 - 15:28
Viva Aerobus continues to register a positive cash flow, as reported in its latest quarter results. During 2Q2021, the ultra-low-cost airline fully recovered in assigned seat miles (ASM) and passengers and even reported growth over its 2019’s figures.
Viva Aerobus reported a 38.7 percent increase in ASM and a 29.1 percent increase in reserved passenger seats when compared to 2Q2019. It was also able to recover its operational capacity by 100 percent on November 2020, so it decided to focus on creating new ways to satisfy its customers, reads Viva Aerobus financial report. During 2Q2021, the company operated 133 routes in total, 104 domestic and 29 international, and launched 10 new routes, five domestic and five international. From January 2021 to May 2021, the Civil Aviation Federal Agency (AFAC) informed that Viva Aerobus increased its participation in the national market by 9.1 percent when compared to the same period of 2019.
Viva Aerobus had quite a successful recovery, reporting 74.8 percent more revenue than it did in 2019 thanks to the expansion of its route portfolio and fleet. Over the course of 2021, the company has focused on increasing the size of its fleet. Recently, the company announced the acquisition of its 50th aircraft, an Airbus A321neo, during an event at the Monterrey International Airport in Nuevo Leon, according to A21. During the event, Juan Carlos Zuazua, General Director of Viva Aerobus, announced that the company is already preparing new routes for the rest of the year.
“Viva Aerobus has strong expansion plans here in Monterrey, Mexico City and Guadalajara. Our plans are mainly directed towards the north and south, no more than five hours flying. We can practically cover the entire US and Canada, as well as central and parts of South America,” said Zuazua during the event, according to A21.
Starting on September, the airline will start flying from Mexico City to Bogota, showing that the airline has ambitious plans to become a serious contender in the international low-cost aviation sector. However, the airline is still making efforts to satisfy consumer demands and trying to address a common concern for many fliers: punctuality. According to Viva Aerobus, punctuality in 2Q2021 reached 80.8 percent, which is 10.9 percent higher of the punctuality levels it registered in 2019.