Black May for Latin American airlines: 98.1% drop in passenger movement

Latin American airlines experienced a 98.1% drop in passenger movement in May compared to the same month last year, compared to a 98.2% drop recorded in April, according to data released today by the International Air Transport Association (IATA).

In turn, in the same month, the capacity offered decreased 96.6% year-on-year and the load factor decreased by 38.1 percentage points, to stand at 45.9%, which, however, was the best among the regions .

Airplane. Illustrative image. (AP / File)

Globally, passenger demand in May (measured in revenue per passenger kilometers or RPK), fell 91.3% compared to May 2019, which meant a slight increase compared to the 94% year-on-year decrease recorded in April, and this improvement was driven by the recovery in some domestic markets, especially in China.

“May was not as terrible as April. That is the best that can be said. As predicted, the first improvements in passenger demand are occurring in domestic markets. International traffic remained practically stopped in May ”. said Alexandre de Juniac, CEO and CEO of IATA.

He warned that “we are only at the beginning of a long and difficult recovery. And there is tremendous uncertainty about the impact a resurgence of new Covid-19 cases could have in key markets. “

Written by Argentina News

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