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Avianca Reaches Load Factor Of 66.7% For September Flights, Including Humanitarian Repatriations

Posted On November 24, 2020
By : Loren Moss
Comment: 0
Tag: ask, avhoq, avianca, avianca holdings, bvc, colombia, ecuador, europe, humanitarian flights, load factor, otcus, Passengers, pax, pfavh, repatriation flights, rpk, travelers

In September 2020, the subsidiary companies of Avianca Holdings S.A. (OTCUS: AVHOQ) (BVC: PFAVH) transported a total of 164,859 travelers, including 5,342 passengers on repatriation flights, resulting in a monthly load factor of 66.7%.

Domestic markets in Colombia, and Ecuador

September marks the third month of operation in the Ecuador domestic market and the restart of operations in the Colombia domestic market. The subsidiary airlines of Avianca Holdings transported within each of these markets a combined total of 147,567 travelers, the load factor for the month was 69.7%. The subsidiary airlines of Avianca Holdings operated a total of 1,378 flights to 13 cities with a daily average of 46 flights on 27 routes in the domestic Colombian market and a total of 74 flights to 5 cities with a daily average operation of 2 flights on 4 routes, in the Ecuador domestic market. Avianca said that it is important to remark that In September, month in which domestic operations were resumed in Colombian and the third month of operation in the Ecuadorian market.

International markets

In September, the affiliated airlines of Avianca Holdings transported 17,292 passengers on international routes, the load factor for the month was 63.6%. On the international routes the airline operated a total of 242 flights to 24 cities in 15 countries in America and Europe with 8 average daily flights on 50 routes.

 

                                           
  Operational Statistics   Sep-20     Sep-19     YTD
2020
    YTD
2019
    D YOY  
Avianca Holdings (Cons.)                                          
PAX (K)1   164.9   2,470   6,206   23,139   -73.2 %  
ASK (mm)2   174.3   4,318   11,721   41,169   -71.5 %  
RPK (mm)3   116.3   3,567   8,949   33,859   -73.6 %  
Load Factor4   66.7 %   82.6 %   76.3 %   82.2 %   -5.9pp  
Domestic Market                                          
PAX (K)1   147.6   1,429   3,691   13,107   -71.8 %  
ASK (mm)2   88.3   744   2,087   7,056   -70.4 %  
RPK (mm)3   61.6   605   1,606   5,721   -71.9 %  
Load Factor4   69.7 %   81.3 %   76.9 %   81.1 %   -4.2pp  
International Market                                          
PAX (K)1   17.3   1,041   2,516   10,032   -74.9 %  
ASK (mm)2   85.9   3,574   9,634   34,113   -71.8 %  
RPK (mm)3   54.7   2,962   7,343   28,138   -73.9 %  
Load Factor4   63.6 %   82.9 %   76.2 %   82.5 %   -6.3pp  

 

1 PAX: Passengers carried (Includes passengers on repatriation and humanitarian flights)
2 ASKs: Available Seat Kilometers
3 RPKs: Revenue Passenger Kilometers
4 Load Factor: Represents utilized seating capacity
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About the Author
Loren Moss is the founder and publisher of Finance Colombia. He has over 20 years of international business experience, including over a decade of experience in securities, insurance, and commercial real estate, at the institutional and international level.
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