GRPAQ - Aeromexico's traffic down 50.3% in April 2021 vs. April 2019

Grupo Aeromexico (GRPAQ) reports revenue per kilometers up 640.9% Y/Y to 1.697B in April. Traffic declined 50.3% vs. pre-pandemic level of April 2019.Domestic RPKs +559.2% and international RPKs +766.6%.Capacity expanded 225% Y/Y to 2.387B available seat kilometers. Domestic capacity +339.5% and international capacity +164.4%.April load factor squeezed 2,720 bps to 75.1%.Passengers transported up 699% to 1.204M.During May 2021, Aeromexico plans to increase frequencies to Ecuador from Mexico City and will be operating 9 weekly flights.

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Aeromexico's traffic down 50.3% in April 2021 vs. April 2019