- Net profit stood at $1.2bn in 2026 forecasts.
- Net margin equalled 2.1 pc.
- Profit per passenger reached $3.50.
- Demand in RPK increased 5.0 pc.
- Capacity in ASK grew 3.3 pc.
Latin American airlines have been operating under currency pressure from the energy crisis, according to the industry update at the IATA Congress in Rio de Janeiro. Demand conditions reflected lower income levels and reduced business travel share. Cargo markets softened in export-oriented areas.
Net profit reached $1.2bn in 2026 forecasts with a net margin of 2.1 pc. Profit per passenger stood at $3.50. Demand in RPK grew 5.0 pc while capacity in ASK rose 3.3 pc.
Limited balance sheet flexibility restricted responses to shocks. Higher funding costs limited fleet and network investments.
Willie Walsh shared “Net profit per passenger is expected to fall to $4.50.”
