In the case of Aeroméxico, the complementary income segment grew by more than double, reaching 1,972 million pesos, and already concentrates 9.2% of the airline’s income compared to the 6.1% rate registered in the same period of 2021.
“Revenue generated by sales of premium products, complementary products and other revenue associated with passengers increased 143.6% compared to the same period in 2021. Aeroméxico will continue to implement strategic initiatives that allow greater customization of services and products,” said the airline in its financial statements for the period.
For Brian Rodríguez, an analyst at Monex Grupo Financiero, this represents an improvement compared to the profit margins of previous quarters, which had resulted in losses due to the rise in fuel prices.
“The turning point should come at some point when inflation starts to come down and Russia’s geopolitical conflict in Ukraine (is resolved),” he says.
Together, Aeroméxico, Viva Aerobus and Volaris had an average increase of 75% in the price of jet fuel during the quarter; To deal with the rise in prices – which has slowed down compared to other periods, in which the increase was more than double – the airlines have opted to fill their planes more and more.
“The company’s business model is based on low ticket prices to stimulate demand. In turn, the drop in prices helped the load factor to expand,” said Marco Montañez, a specialist at Vector Analysis, in an analysis of Volaris.
For specialists, the continuity of this strategy lies in the outlook for the market in the medium and long terms, which points to sustained growth hand in hand with the growth of the middle class and the evolution of business travel.
“We see sustainable that the demand for tourism continues to grow. The generation millennial represents between 40% and 45% of tourism worldwide, it is a constant evolution. Beyond the economic data and inflationary pressures, personal consumption already allocates enough of these resources to pleasure trips”, concludes Rodríguez.