Venezuela's Caracas Simon Bolivar International Airport handled (03-Jan-2013) a record 12 million passengers in 2013, a 12% year-on-year increase, as confirmed by Venezuela's Ministry of Water and Air Transport. Of these, 7.2 million were domestic passengers. The airport also broke daily passenger records on nine occasions from Aug-2013 to Dec-2013, which now stands at 45,195 passengers set on 13-Dec-2013. [more - original PR - Spanish]
Caracas Airport handles record 12m pax in 2013, sets new daily pax record nine times in 2013
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American in particular will start to see relief from Venezuela’s currency issues in early 2015 after its network adjustments to the country pressured unit revenues in 2H2014.
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United Airlines admits there is still much work ahead to close the gap with its large network airline peers in key metrics such as margin performance. But efforts United has undertaken to improve its revenue performance showed promise in 3Q2014 as it out-performed its peers in passenger unit revenue growth.
Even as it faces some unit revenue headwinds in 4Q2014, United believes it will sustain profitability during the last quarter of 2014 as the US domestic market remains robust.
Similar to rival Delta, United could grow its capacity to upwards of 2% in 2015, which may cause some concern among investors. But United stresses that much of the growth stems from aircraft up-gauging, improved utilisation and increasing density of certain aircraft.