August 15, 2022

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Viva Aerobus carried 34% more passengers in the second quarter

Viva Aerobus carried 34% more passengers in the second quarter

According to the accounting profitability index (EBITDAR) of Viva Aerobus, in the second quarter of 2022, the company earned one thousand 320 million pesos, which is 41.9% less than the profit received compared to the same period in 2021, when it reached the figure of two thousand and 273 million pesos. The current figure is 29.5% higher compared to 2019, when it was one thousand 020 million pesos.

The airline explained in its financial report, that it reached 5.2 million passengers, in this period of 2022, which represents a growth of 34% compared to the second quarter of 2021, and 73% compared to 2019 levels; This progress was driven by strong demand in the leisure and visiting friends/family markets, as well as a very strong recovery in small and medium business travellers.

In terms of its total revenue, the company reported that these increased by 40.2% i.e. 7,281 million pesos with an increase of 3.2% in unit revenue driven by an 18% increase in national rates which offset 8%. drop in international prices.

However, these figures show an unfavorable basis for comparison, when compared to 2021 when vaccination tourism was recorded and the national market recovered faster. Compared to the second quarter of 2019, total revenue and revenue per unit (TRASM) prior to the coronavirus outbreak increased by 145% and 30%, respectively, resulting in a fuel-to-rate 1 conversion of 114%.

Juan Carlos Zuazua, General Manager of Viva Aerobus stated that they cannot ignore the unprecedented times that the world and, to some extent, the aviation industry are going through.

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“We are facing significant external headwinds, with jet fuel prices soaring to a 14-year high of $4.40 per gallon, as well as disruptions in the supply chain and the delivery of new aircraft and replacement components,” Zwazwa noted.

Its fleet currently consists of 20 Airbus 320neo, 20 Airbus 320neo, 9 Airbus 321ceo and 12 Airbus 321neo, with an average age of five years at the end of the second quarter, making it one of the youngest fleets in America North.


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