Results at glance

First Quarter 2023
Consolidated Financial Highlights 2023 2022 Var.
Total Operating Revenue (US$ million) 731 567 28.9%
TRASM (US$ cents) 7.71 7.04 9.5%
ASMs (million, scheduled & charter) 9,488 8,061 17.7.%
Load Factor (scheduled, RPMs/ASMs) 85.0% 83.5% 1.6 pp
Passengers (thousand, scheduled & charter) 8,186 6,989 17.1%
Fleet (end of period) 120 104 16
Operating Expenses (US$ million) 762 598 27.4%
CASM (US$ cents) 8.03 7.42 8.2%
CASM ex fuel (US$ cents) 4.65 4.40 5.7%
Adjusted CASM ex fuel (US$ cents) 4.28 4.03 6.3%
Operating loss (EBIT) (US$ million) (31) (31) 0.0%
% EBIT Margin (4.3%) (5.5%) 1.3 pp
Net loss (US$ million) (71) (49) 44.9%
% Net income margin (9.7%) (8.7%) (1.0 pp)
EBITDAR (US$ million) 123 97 26.8%
% EBITDAR Margin 16.8% 17.0% (0.2 pp)
Net debt-to-LTM EBITDAR 3.8x 2.3x 1.5x