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Latin America/ Caribbean market showing recovery signs


The Latin American and Caribbean Air Transport Associations’ (ALTA) Oct-2009 traffic revealed that the Latin American and Caribbean market is showing some signs of recovery. [2828 words]

Unlock the following content in this report:


  • Fourth consecutive month of pax growth in Oct-2009
  • Yield weakness exists
  • Domestic markets strong within the region
  • Latin America GDP growth of 4.1% expected In 2010
  • LCCs have a quarter of capacity within Central and Southern America
  • Brazil one of the fastest growing Latin American/Caribbean regions
  • Propensity for travel remains low in Brazil
  • Brazil's LCCs and start-ups gaining market share
  • Azul captures 4.3% market share, exceeding 2009 targets; further growth expected in 2010
  • GOL and TAM remain dominant
  • Brazil air traffic rises sharply for fifth consecutive month in Nov-2009 
  • Load factors on the improve  
  • 3Q2009 GDP data backs expectations of economic recovery in Brazil 
  • Embraer’s Brazilian sales helping to offset global reductions
  • GOL continues to scale back international expansion; adding codeshare partnerships to cover international operations
  • Yields on the improve for GOL and TAM
  • GOL’s domestic load factor, capacity and traffic improvements exceeding TAM’s
  • GOL aiming for profitability in 2009 by focusing on growing domestic market
  • TAM also seeing improved domestic growth
  • Outlook: GOL and TAM to remain dominant in the major centres, but facing new pressure from Azul and Webjet

Graphs and data:

  • ALTA passenger number growth, RPK growth and ASK growth: Oct-2008 to Oct-2009
  • ALTA passenger load factor and passenger number growth: Aug-2008 to Sep-2009
  • Latin American and Caribbean Air Transport Association (ALTA) traffic: Oct-2009
  • ALTA traffic (RPKs) by region: Oct-2008 to Oct-2009
  • Central and South America intra regional capacity (seats per month), LCCs as a percentage of the total: Jan-Aug-2001 to Jan-Aug-2009
  • Fastest growing airports in Latin America (by flight added, domestic and international): 2008
  • Largest airports in Latin American and the Caribbean (all services): 2008
  • Selected Latin American countries’ GDP per capita and propensity to travel by air
  • Brazil domestic capacity (seats per month), LCCs as a percentage of the total: Jan-Aug-2001 to Jan-Aug-2009
  • ANAC domestic traffic highlights for Nov-2009
  • GOL and TAM domestic load factors (%): Nov-2008 to Nov-2009
  • GOL traffic highlights: Nov-2009
  • TAM traffic highlights: Nov-2009
  • GOL and TAM domestic traffic (RPKs) growth: Nov-2008 to Nov-2009
  • GOL and TAM domestic capacity (ASKs) growth: Nov-2008 to Nov-2009
  • GOL 2009 and 2010 Consolidated Guidance
  • TAM 2009 Guidance
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