Passenger Traffic Growth. 0% Feb '16 Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb '17

Latin America and Caribbean Airlines Achieve 66th Consecutive Month of Passenger

Traffic Growth with 8.2% Increase in February 2017 (excluding Brazil domestic traffic)

[Versión en español]

Miami, April 10, 2017 – The Latin American and Caribbean Air Transport Association (ALTA) announced today that Latin America and Caribbean airlines carried 12 million passengers in February, up 8.2% from the previous year, excluding domestic traffic in Brazil, marking the 66th _{consecutive month of passenger}

traffic growth for Latin America and Caribbean airlines. Traffic (RPK) grew 8.4% and capacity (ASK) increased 5.6%, bringing up the load factor to 81.2%, equivalent to 2.1 percentage points higher than in February 2016 (see table 1).

Overall, Latin America and Caribbean airlines carried 18.7 million passengers in February, up 2.5% - or 462,000 more passengers - from the previous year. Traffic (RPK) grew 4.9% and capacity (ASK) increased 2.6%, bringing up the load factor to 80.7%, 1.8 percentage points higher than in February 2016. Freight ton kilometers declined 5.8% in February 2017 as compared with the same month of the previous year, reaching 347 million FTKs (see table 2).

0% 4% 8% 12% 16%

Feb '16 Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb '17

Passenger Traffic Growth

February Year to date 2017 2016 Change 2017 2016 Change Passengers 12,036,344 11,121,897 8.2% 26,250,216 23,874,848 9.9% Intra-LatAm* 10,309,598 9,511,597 8.4% 22,399,873 20,343,784 10.1% Extra-LatAm 1,726,746 1,610,300 7.2% 3,850,343 3,531,064 9.0% RPK (millions) 21,002.0 19,368.6 8.4% 45,812.2 41,767.4 9.7% Intra-LatAm* 13,007.8 11,759.1 10.6% 28,134.8 25,232.5 11.5% Extra-LatAm 7,994.2 7,609.5 5.1% 17,677.4 16,534.9 6.9% ASK (millions) 25,856.2 24,493.0 5.6% 55,767.3 51,966.3 7.3% Intra-LatAm* 16,021.6 14,995.0 6.8% 34,542.0 31,918.3 8.2% Extra-LatAm 9,834.6 9,498.0 3.5% 21,225.3 20,048.0 5.9% PLF 81.2% 79.1% 2.1 pts. 82.1% 80.4% 1.8 pts. Intra-LatAm* 81.2% 78.4% 2.8 pts. 81.5% 79.1% 2.4 pts. Extra-LatAm 81.3% 80.1% 1.2 pts. 83.3% 82.5% 0.8 pts. FTK (thousands) 324,930 349,294 -7.0% 664,660 704,420 -5.6% Intra-LatAm* 94,078 97,147 -3.2% 183,668 193,455 -5.1% Extra-LatAm 230,852 252,147 -8.4% 480,992 510,964 -5.9% Table 1

February Year to date 2017 2016 Change 2017 2016 Change Passengers 18,655,556 18,194,048 2.5% 41,397,744 39,802,398 4.0% Intra-LatAm* 16,928,810 16,583,748 2.1% 37,547,401 36,271,334 3.5% Extra-LatAm 1,726,746 1,610,300 7.2% 3,850,343 3,531,064 9.0% RPK (millions) 27,680.7 26,376.9 4.9% 61,439.0 57,770.7 6.3% Intra-LatAm* 19,686.4 18,767.4 4.9% 43,761.5 41,235.7 6.1% Extra-LatAm 7,994.2 7,609.5 5.1% 17,677.4 16,534.9 6.9% ASK (millions) 34,289.5 33,429.1 2.6% 74,811.2 71,728.0 4.3% Intra-LatAm* 24,454.9 23,931.1 2.2% 53,585.9 51,680.0 3.7% Extra-LatAm 9,834.6 9,498.0 3.5% 21,225.3 20,048.0 5.9% PLF 80.7% 78.9% 1.8 pts. 82.1% 80.5% 1.6 pts. Intra-LatAm* 80.5% 78.4% 2.1 pts. 81.7% 79.8% 1.9 pts. Extra-LatAm 81.3% 80.1% 1.2 pts. 83.3% 82.5% 0.8 pts. FTK (thousands) 347,747 369,142 -5.8% 711,287 746,584 -4.7% Intra-LatAm* 116,895 116,995 -0.1% 230,295 235,620 -2.3% Extra-LatAm 230,852 252,147 -8.4% 480,992 510,964 -5.9% Table 2

Traffic to/from Latin America & Caribbean

February Year to date

2017 2016 Change 2017 2016 Change

Passengers 1,726,746 1,610,300 7.2% 3,850,343 3,531,064 9.0% North America 1,402,319 1,333,460 5.2% 3,147,551 2,947,192 6.8%

Europe 280,690 237,193 18.3% 608,795 500,676 21.6%

Asia-Pacific 39,124 39,647 -1.3% 84,270 83,196 1.3%

Africa 4,613 0 N/A 9,728 0 N/A

RPK (millions) 7,994.2 7,609.5 5.1% 17,677 16,535 6.9%

North America 5,122.5 5,062.6 1.2% 11,463.6 11,178.3 2.6%

Europe 2,480.8 2,190.7 13.2% 5,394.8 4,614.2 16.9%

Asia-Pacific 356.7 356.2 0.1% 746.7 742.4 0.6%

Africa 34 0 N/A 72 0 N/A

ASK (millions) 9,834.6 9,498.0 3.5% 21,225.3 20,048.0 5.9%

North America 6,380.3 6,434.4 -0.8% 13,944.8 13,755.0 1.4%

Europe 3,002.2 2,647.4 13.4% 6,327.6 5,430.9 16.5%

Asia-Pacific 412.7 416.3 -0.9% 869.0 862.0 0.8%

Africa 39 0 N/A 84 0 N/A

PLF 81.3% 80.1% 1.2 pts 83.3% 82.5% 0.8 pts

North America 80.3% 81.3% 1.6 pts 82.2% 81.3% 0.9 pts

Europe 82.6% 85.0% -0.1 pts 85.3% 85.0% 0.3 pts

Asia-Pacific 86.4% 86.1% 0.9 pts 85.9% 86.1% -0.2 pts

Africa 87.0% N/A N/A 86.3% N/A N/A

FTK (thousands) 230,852 252,147 -8.4% 480,992 510,964 -5.9%

North America 140,688 167,418 -16.0% 295,806 334,842 -11.7%

Europe 82,371 77,090 6.9% 167,301 159,384 5.0%

Asia-Pacific 7,135 7,639 -6.6% 16,305 16,738 -2.6%

Africa 658 0 N/A 1,580 0 N/A

Table 3* To/From Latin America & Caribbean Latin America and Caribbean airlines carried 1.7 million passengers to and from Latin America and the Caribbean in February, up 7.2% from the previous year (see table 3). Traffic (RPK) grew 5.1% and capacity (ASK) increased 3.5%, bringing the load factor to 81.3%, equivalent to 1.2 percentage points higher than in February 2016.

81,7% 15,8%2,2%0,25%

To/From Latin America & Caribbean

Traffic Distribution

Reporting airlines: Aerolíneas Argentinas (includes Austral), Aeromar, Aeromexico, Aeromexico Connect, Avianca, Avianca Brasil, Copa Airlines, Copa Airlines Colombia, Insel Air, LATAM Airlines Group, Sky Airline and Volaris.

Additional Sources: SCT Mexico, ANAC Brazil, JAC Chile, Aerocivil Colombia Glossary

RPK (Revenue Passenger Kilometers) number of passengers carried times the distance traveled | ASK (Available Seat

Kilometers) number of seats available for sale times the distance traveled | PLF Passenger Load Factor, obtained by dividing the RPKs by the ASKs | FTK (Freight Ton Kilometers) number of tons of freight carried times the distance traveled

About ALTA

ALTA (Latin American and Caribbean Air Transport Association) is a private, non-profit organization, whose member airlines represent more than 90 percent of the region's commercial air traffic. ALTA coordinates the collaborative efforts of its members in order to facilitate the development of safer, more efficient and environmentally friendly air transport in the Latin America and Caribbean region for the mutual benefit of the association's members, their customers and the industry. Visit ALTA here.

FULL MEMBERS: Aerolineas Argentinas | Aeromar | Aeromexico | Aeromexico Connect | Avianca | Bahamasair | BoA – Boliviana de Aviación | Caribbean Airlines | Copa Airlines | Copa Airlines Colombia | Cubana de Aviación, S.A. | InselAir | LATAM Airlines | LATAM Cargo | LIAT | Sky Airline | Surinam Airways | TAME | Volaris | ASSOCIATE MEMBERS: Air Canada | Air Europa | Air France Industries KLM Engineering & Maintenance | Air Transat | Delta Air Lines | Iberia | jetBlue Airways | Omni Air International | TAP Portugal | Turkish Airlines | United Airlines | UPS | AFFILIATE MEMBERS: AerCap Aviation Solutions | Airbus | Air France Industries KLM Engineering & Maintenance | Air Lease Corp. | Amadeus | APG Network | Ascend | ATR | Boeing | Bombardier | CFM | Chubb | Embraer | Flight Global | GE Aviation | Gogo | Hahn Air | HEICO | Holland & Knight | ICF International | Intercargo S.A.C. | Kellstrom Materials | Lufthansa Systems | Lufthansa Technik | MERCATOR | Mexicana MRO | Mitsubishi Aircraft Corporation | MTU Maintenance | OAG | Panasonic | Planet Ife | Pratt & Whitney | Rockwell Collins | Rolls-Royce | SABRE Airline Solutions | Safran | Satair Group | Seabury | Snecma | SITA | Superjet International | UATP | Wencor Group | Willis Lease | Willis Tower Watson | World Fuel Services |

Contact: +1-786 388-0222 – Juan Sarmiento (jsarmiento@alta.aero) or Eduardo Iglesias (eiglesias@alta.aero).

Aerolíneas de Latinoamérica y el Caribe alcanzan 66 meses consecutivos de

crecimiento de tráfico de pasajeros

Tráfico aumentó 8,2% en Febrero 2017 (excluyendo el tráfico doméstico de Brasil)

[English version]

Miami, 10 de Abril de 2017 – ALTA, la Asociación Latinoamericana y del Caribe de Transporte Aéreo, informa que las aerolíneas de Latinoamérica y el Caribe transportaron 12 millones de pasajeros en Febrero (excluyendo el tráfico doméstico en Brasil), lo que representa un incremento del 8,12% más respecto año anterior (ver tabla 1). El tráfico (RPK) creció 8,4% y la capacidad (ASK) aumentó un 5,6%, con lo que el factor de ocupación alcanzó el 81,2%, equivalente a 2,1 puntos porcentuales más que en Febrero 2016. De esta manera, las aerolíneas de Latinoamérica y el Caribe alcanzan 66 meses consecutivos de crecimiento de tráfico de pasajeros.

En total, el número de pasajeros transportados por las aerolíneas de América Latina y el Caribe durante el mes de Febrero aumento un 2,5%, alcanzando los 18,7 millones de pasajeros -462.000 pasajeros más que en Febrero de 2016-. El tráfico (RPK) se incrementó un 4,9% y la capacidad (ASK) creció un 2,6%, aumentando el factor de ocupación al 80,7%, 1,8 puntos porcentuales más que en Febrero de 2016. Las toneladas-kilómetros de carga se redujeron un 5,8% en Febrero de 2016.

0% 4% 8% 12% 16%

Feb '16 Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb '17

Crecimiento de Trafico de Pasajeros Aerolineas ALTA

Febrero Acumulado 2017 2016 Variación 2017 2016 Variación Pasajeros 12,036,344 11,121,897 8.2% 26,250,216 23,874,848 9.9% Intra-LatAm* 10,309,598 9,511,597 8.4% 22,399,873 20,343,784 10.1% Extra-LatAm 1,726,746 1,610,300 7.2% 3,850,343 3,531,064 9.0% RPK (millones) 21,002.0 19,368.6 8.4% 45,812.2 41,767.4 9.7% Intra-LatAm* 13,007.8 11,759.1 10.6% 28,134.8 25,232.5 11.5% Extra-LatAm 7,994.2 7,609.5 5.1% 17,677.4 16,534.9 6.9% ASK (millones) 25,856.2 24,493.0 5.6% 55,767.3 51,966.3 7.3% Intra-LatAm* 16,021.6 14,995.0 6.8% 34,542.0 31,918.3 8.2% Extra-LatAm 9,834.6 9,498.0 3.5% 21,225.3 20,048.0 5.9% PLF 81.2% 79.1% 2.1 pts. 82.1% 80.4% 1.8 pts. Intra-LatAm* 81.2% 78.4% 2.8 pts. 81.5% 79.1% 2.4 pts. Extra-LatAm 81.3% 80.1% 1.2 pts. 83.3% 82.5% 0.8 pts. FTK (miles) 324,930 349,294 -7.0% 664,660 704,420 -5.6% Intra-LatAm* 94,078 97,147 -3.2% 183,668 193,455 -5.1% Extra-LatAm 230,852 252,147 -8.4% 480,992 510,964 -5.9% Tabla 1

Febrero Acumulado 2017 2016 Variación 2017 2016 Variación Pasajeros 18,655,556 18,194,048 2.5% 41,397,744 39,802,398 4.0% Intra-LatAm* 16,928,810 16,583,748 2.1% 37,547,401 36,271,334 3.5% Extra-LatAm 1,726,746 1,610,300 7.2% 3,850,343 3,531,064 9.0% RPK (millones) 27,680.7 26,376.9 4.9% 61,439.0 57,770.7 6.3% Intra-LatAm* 19,686.4 18,767.4 4.9% 43,761.5 41,235.7 6.1% Extra-LatAm 7,994.2 7,609.5 5.1% 17,677.4 16,534.9 6.9% ASK (millones) 34,289.5 33,429.1 2.6% 74,811.2 71,728.0 4.3% Intra-LatAm* 24,454.9 23,931.1 2.2% 53,585.9 51,680.0 3.7% Extra-LatAm 9,834.6 9,498.0 3.5% 21,225.3 20,048.0 5.9% PLF 80.7% 78.9% 1.8 pts. 82.1% 80.5% 1.6 pts. Intra-LatAm* 80.5% 78.4% 2.1 pts. 81.7% 79.8% 1.9 pts. Extra-LatAm 81.3% 80.1% 1.2 pts. 83.3% 82.5% 0.8 pts. FTK (miles) 347,747 369,142 -5.8% 711,287 746,584 -4.7% Intra-LatAm* 116,895 116,995 -0.1% 230,295 235,620 -2.3% Extra-LatAm 230,852 252,147 -8.4% 480,992 510,964 -5.9% Tabla 2 *Doméstico e Internacional

Trafico desde y hacia Latino América y el Caribe

Febrero Acumulado 2017 2016 Variación 2017 2016 Variación Pasajeros 1,726,746 1,610,300 7.2% 3,850,343 3,531,064 9.0% Norte América 1,402,319 1,333,460 5.2% 3,147,551 2,947,192 6.8% Europa 280,690 237,193 18.3% 608,795 500,676 21.6% Asia-Pacifico 39,124 39,647 -1.3% 84,270 83,196 1.3%

Africa 4,613 0 N/A 9,728 0 N/A

RPK (millones) 7,994.2 7,609.5 5.1% 17,677 16,535 6.9%

Norte América 5,122.5 5,062.6 1.2% 11,463.6 11,178.3 2.6%

Europa 2,480.8 2,190.7 13.2% 5,394.8 4,614.2 16.9%

Asia-Pacifico 356.7 356.2 0.1% 746.7 742.4 0.6%

Africa 34 0 N/A 72 0 N/A

ASK (millones) 9,834.6 9,498.0 3.5% 21,225.3 20,048.0 5.9%

Norte América 6,380.3 6,434.4 -0.8% 13,944.8 13,755.0 1.4%

Europa 3,002.2 2,647.4 13.4% 6,327.6 5,430.9 16.5%

Asia-Pacifico 412.7 416.3 -0.9% 869.0 862.0 0.8%

Africa 39 0 N/A 84 0 N/A

PLF 81.3% 80.1% 1.2 pts 83.3% 82.5% 0.8 pts

Norte América 80.3% 81.3% 1.6 pts 82.2% 81.3% 0.9 pts

Europa 82.6% 85.0% -0.1 pts 85.3% 85.0% 0.3 pts

Asia-Pacifico 86.4% 86.1% 0.9 pts 85.9% 86.1% -0.2 pts

Africa 87.0% N/A N/A 86.3% N/A N/A

FTK (miles) 230,852 252,147 -8.4% 480,992 510,964 -5.9%

Norte América 140,688 167,418 -16.0% 295,806 334,842 -11.7%

Europa 82,371 77,090 6.9% 167,301 159,384 5.0%

Asia-Pacifico 7,135 7,639 -6.6% 16,305 16,738 -2.6%

Africa 658 0 N/A 1,580 0 N/A

Tabla 3* Desde y Hacia Latinoamérica y el Caribe

Las aerolíneas de Latinoamérica y el Caribe transportaron 1,7 millones de pasajeros desde y hacia la región en Febrero, lo que representa un incremento del 7,2% respecto a 2016 (ver tabla 3). El tráfico (RPK) creció 5,1% y la capacidad (ASK) creció 3,5%, con lo que el factor de ocupación alcanzó el 81,3%, equivalente a 1,2 puntos porcentuales más que en Febrero de 2016.

81,7% 15,8%2,2%0,3%

Distribucion de Trafico desde y hacia Latinoamerica y el Caribe

Aerolíneas que reportan información: Aerolíneas Argentinas (y Austral). Aeromar. Aeromexico. Aeromexico Connect. Avianca. Avianca Brasil. Copa Airlines. Copa Airlines Colombia. Insel Air. LATAM Airlines Group. Sky Airline y Volaris.

Fuentes Adicionales: SCT México, ANAC Brasil, JAC Chile, Aerocivil Colombia Glosario

RPK (Revenue Passenger Kilometers) cantidad de pasajeros pagos transportados multiplicado por la distancia recorrida | ASK (Available Seat Kilometers) cantidad de asientos disponibles para la venta multiplicado por la distancia recorrida | PLF factor de ocupación. se obtiene dividiendo los RPK por los ASK | FTK (Freight Tonne Kilometers) cantidad de toneladas de carga

transportadas multiplicada por la distancia recorrida Acerca de ALTA

ALTA (Asociación Latinoamericana y del Caribe de Transporte Aéreo) es una organización sin fines de lucro, con aerolíneas miembros representando más del 90 por ciento del tráfico aéreo comercial de la región. ALTA coordina los esfuerzos de colaboración de sus miembros con el fin de facilitar el desarrollo de una industria aérea más segura, eficiente y ecológica en la región de Latinoamérica y del Caribe, para el beneficio mutuo de los miembros de la Asociación, sus clientes y la industria. Visite ALTA aquí.

AEROLÍNEAS TITULARES: Aerolineas Argentinas | Aeromar | Aeromexico | Aeromexico Connect | Avianca | Bahamasair | BoA – Boliviana de Aviación | Caribbean Airlines | Copa Airlines | Copa Airlines Colombia | Cubana de Aviación S.A. | InselAir | LATAM Airlines | LATAM Cargo | LIAT | Sky Airline | Surinam Airways | TAME | Volaris | AEROLÍNEAS ASOCIADAS: Air Canada | Air Europa | Air France Industries KLM Engineering & Maintenance | Air Transat | Delta Air Lines | Iberia | jetBlue Airways | Omni Air International | TAP Portugal | Turkish Airlines | United Airlines | UPS | MIEMBROS AFILIADOS: AerCap Aviation Solutions | Airbus | Air France Industries KLM Engineering & Maintenance | Air Lease Corp. | Amadeus | APG Network | Ascend | ATR | Boeing | Bombardier | CFM | Chubb | Embraer | Flight Global | GE Aviation | Gogo | Hahn Air | HEICO | Holland & Knight | ICF International | Intercargo S.A.C. | Kellstrom Materials | Lufthansa Systems | Lufthansa Technik | MERCATOR | Mexicana MRO | Mitsubishi Aircraft Corporation | MTU Maintenance | OAG | Panasonic | Planet Ife | Pratt & Whitney | Rockwell Collins | Rolls-Royce | SABRE Airline Solutions | Safran | Satair Group | Seabury | Snecma | SITA | Superjet International | UATP | Wencor Group | Willis Lease | Willis Tower Watson | World Fuel Services |

Contacto: +1-786 388-0222 – Juan Sarmiento (jsarmiento@alta.aero) o Eduardo Iglesias (eiglesias@alta.aero). ###