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REAL-TIME GLOBAL RESEARCH

Latin America Airlines: Weekly Capacity Scheduling Tracker (July-17)

Published: 2026-07-21Institution: CitiCompany / ticker: AERO,CPA,LTM,VLRSPages: 24Original language: EnglishEvidence page: 1

Research evidence excerpt

Latin America Airlines: Weekly Capacity Scheduling Tracker (July-17)

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21 Jul 2026 01:56:06 ET │ 24 pages

Latin America Airlines

Weekly Capacity Scheduling Tracker (July-17)

CITI'S TAKE

Filipe Nielsen AC

This is our tracker to assess how airlines in Latin America are allocating +55-11-4009-5213

capacity over the coming months, highlighting changes in flights and seat filipe.nielsen@citi.com

offerings on a weekly basis. This week’s highlight came from LATAM’s

schedules, that showed capacity increases for International and Domestic

SSC markets in the 2H26. Other carriers made only mild adjustments, with

Aeromexico standing out with its fine-tuning in one international route.

More details are discussed below. Detailed charts are in the note.

Copa — It was another week of mild changes for Copa, with small cuts in 3Q offset

by small increases in 4Q. Changes were mostly concentrated at Wingo’s operations

in Colombia. Planned capacity still reflects strong growth in 3Q and 4Q.

LATAM Airlines — Adjustments in Brazil domestic were mild and net-negative in 3Q,

with available seats decreasing -0.9% in September and increasing +0.1% in

October. Changes in Domestic SSC market were concentrated in Chile and Peru.

While the significant seat additions in September happened in Peru (+5.8% seats

within 88 extra flights), capacity cuts happened mainly in Chile with available seats

decreasing -0.7% in September, -0.7% in October and -0.2% in December.

International schedules increased for the second consecutive week in 4Q, with

incremental seats added mainly for routes inside South America, in October through

December.

Aeromexico — Scheduling changes were modest this week and concentrated in the

4Q, mostly on international markets. The company decreased two flights from the

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