According to data provided by ALTA, 394.5 million passengers have been transported so far this year, 5.7% more than in October 2023.
Market breakdown:
Domestic: 22.3 million passengers (+4.8%).
International: 16.4 million passengers (+4.3%), of which 4.7 million correspond to the intraregional market (+9.1%) and 11.7 million to the extraregional market (+2.5%).
Demand and supply: Passenger-kilometers (RPK) grew by 3.8%, while seat-kilometers (ASK) increased by 3.3%. The load factor reached 84.9% (+0.4 percentage points).
Frequencies and capacity:
305,810 flights were operated in October (+3.4% vs 2023).
Domestic: 190,406 flights (+3%).
International: 115,404 flights (+4%)
Total seat capacity was 47.2 million (+3.8%):
Domestic: 27.3 million seats (+3.8%)
International: 19.9 million (+3.7%)
October 2024: LAC passenger traffic reaches 38.7 million (+4.6%)
In October 2024, passenger air traffic in Latin America and the Caribbean reached 38.7 million, representing a growth of 4.6% (+1.7 million passengers vs. October 2023). 45% of this increase was driven by the Colombian domestic market, which added 524,624 additional passengers (+16.2%). The domestic segment, which accounted for 60% of total growth, handled 22.3 million passengers (+4.8%), achieving its second-best performance of the year after February. In total, 190,406 flights were operated, with the Bogotá (BOG) -Medellín (MDE) route being the busiest, with 422,318 passengers (+20%).
Intraregional traffic grew by 9.1%, reaching 4.7 million passengers and 43,147 flights (+8%). This growth was led by the Brazil-Chile market, which added 103,000 additional passengers (+59.6%) thanks to new frequencies on routes such as Brasilia (BSB)–Santiago (SCL) and Salvador de Bahía (SSA)–Santiago (SCL), which added 44 flights. Also notable was the 21.7% increase in passengers between Colombia and Panama.
Extra-LAC traffic grew 2.5%, totaling 11.7 million passengers on 72,257 flights. Routes to North America recorded the largest absolute increase, with 941,185 additional passengers (+0.9%) and 398 additional flights, 108 of them on the Orlando (MCO)–Punta Cana (PUJ) route. Connections to Europe grew 6.3%, totaling 9,808 flights (+600 frequencies), with Caracas–Madrid as the leading route (+77% in flights).
Demand (RPK) grew by 3.8% and supply (ASK) increased by 3.3%, with a load factor of 84.9% (+0.4 percentage points vs 2023). Between January and October 2024, 394.5 million passengers were transported, an increase of 5.7% (+21.2 million passengers).
International Market in October 2024:
Brazil leads absolute growth, while Chile and Peru stand out in percentage growth
In October 2024, Colombia recorded a 12.4% increase in international traffic, adding 214,985 additional passengers to reach 1.9 million travelers. 12,078 flights were operated (+9.3% vs 2023). The Bogotá (BOG) - Panama (PTY) route grew by 39% in frequencies, while operations to and from Peru increased by 38%, driven by 132 additional flights from an airline that connected Medellín (MDE) and Cartagena (CTG) with Lima (LIM), adding 60 and 52 frequencies, respectively.
Brazil transported 2.1 million international passengers (+11.8%), accompanied by 1,030 additional flights (+10.6%). The Florianópolis (FLN) - Santiago (SCL) route registered a 352% increase in flights. In addition, the Brazil-Spain market grew 37% in frequencies, with the Guarulhos (GRU) - Madrid (MAD) route, operated by four airlines, standing out, adding 261 additional flights.
In the Dominican Republic, international traffic increased by 3%, reaching 1.3 million passengers, although frequencies fell by 6% (9,093 flights). The Punta Cana (PUJ) - Panama (PTY) route grew by 12%, while connections with Brazil rose by 235%, with 53 additional flights on the Santo Domingo (SDQ) - Guarulhos (GRU) route.
Mexico reported 4.1 million international passengers (+2.5%) and a 3.1% increase in international flights. The Mexico City (MEX) - Dallas-Fort Worth (DFW) route added 78 frequencies, while Guadalajara (GDL) - Los Angeles (LAX), the main international route, added 90. Connections with Chile increased by 18%, thanks to the expansion of flights on the Mexico City (MEX) - Santiago (SCL) route.
Argentina reached 1.09 million international passengers (+6.3%) and 7,068 flights (+4.1%). The Aeroparque (AEP) - Guarulhos (GRU) route led in frequencies, with 656 flights (+18%), operated by four airlines after the incorporation of a new one.
Chile recorded a 16% growth in international traffic, reaching 988,652 passengers and 5,793 flights (+19.4%). The Santiago (SCL) - Guarulhos (GRU) route added 127 frequencies, while connections with Uruguay grew by 88%, with Montevideo (MVD) - Santiago (SCL) standing out, with 56 of the 102 additional frequencies operated by the largest airline in the region.
Source: ALTA.