- Results at glance
- Quarterly results
| First Quarter | |||
|---|---|---|---|
| Consolidated Financial Highlights | 2025 | 2024 | Var. |
| Total Operating Revenue (US$ millions) | 678 | 768 | (11.7%) |
| TRASM (US$ cents) | 7.76 | 9.34 | (17.0%) |
| ASMs (million, scheduled & charter) | 8,737 | 8,217 | 6.3% |
| Load Factor (scheduled, RPMs/ASMs) | 85.4% | 87.0% | (1.6 pp) |
| Passengers (thousand, scheduled & charter) | 7,418 | 6,924 | 7.1% |
| Fleet (at the end of the period) | 145 | 134 | 11 |
| Total Operating Expenses (US$ millions) | 688 | 664 | 3.6% |
| CASM (US$ cents) | 7.88 | 8.08 | (2.5%) |
| CASM ex fuel (US$ cents) | 5.40 | 5.16 | 4.5% |
| Adjusted CASM ex fuel (US$ cents)1 | 4.87 | 5.32 | (8.5%) |
| Operating (loss) income (EBIT) (US$ millions) | (10) | 104 | N/A |
| % EBIT Margin | (1.5%) | 13.5% | (15.0 pp) |
| Net (loss) income (US$ millions) | (51) | 33 | N/A |
| % Net (loss) income Margin | (7.6%) | 4.3% | (11.9 pp) |
| EBITDAR (US$ millions) | 203 | 235 | (13.6%) |
| % EBITDAR Margin | 29.9% | 30.6% | (0.7 pp) |
| Net debt-to-LTM EBITDAR2 | 2.7x | 3.1x | (0.4x) |
| 1 Excludes fuel expense, aircraft and engine variable lease expenses and sale and lease-back gains. 2 Includes short-term investments. |
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