Booming Mexican Market Supports Growing Latin American Capacity
The booming Mexican domestic market is helping to grow additional capacity in Latin America, where some of the world’s fastest growing country markets are located, according to OAG, the market leader in aviation intelligence.
Download the OAG September FACTS infographic here
OAG’s September FACTS (Frequency and Capacity Trend Statistics) report shows that capacity within Central America and Upper South America is growing at a very strong pace. Capacity within Central America is expected to see growth of 15% this September, with carriers adding an extra 520,000 seats compared to September 2012, which had seen capacity fall by 2%. Almost all of the additional capacity in Central America comes from Mexico.
John Grant, executive vice president, OAG, says: “The domestic market in Mexico has recovered well from the demise of Mexicana and is undergoing a battle for domestic market share between Aeromexico and Mexico’s three low cost carriers (LCCs) – Interjet, Volaris and VivaAerobus.” According to OAG, much of the capacity growth is at Mexico’s main hub, Benito Juarez Airport which will see domestic seats grow by 315,000 in September 2013 versus September 2012.
Read the full press release here
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