Latin America Airlines: Weekly Capacity Scheduling Tracker (July-24)

Research evidence excerpt

Latin America Airlines: Weekly Capacity Scheduling Tracker (July-24)

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27 Jul 2026 19:46:19 ET │ 24 pages

Latin America Airlines

Weekly Capacity Scheduling Tracker (July-24)

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 changes looked mixed among

carriers, demonstrating the strength of Copa’s network and the

challenges in Mexican domestic markets (partially offset by positive

international adjustments from Volaris and Aeromexico). LATAM’s

adjustments were mild and to the negative side. More details are

discussed below. Detailed charts are in the note.

Copa — This week the airline performed more significant capacity growth increases.

Changes in August and November were modest, with +12 flights (+0.3% seats) in

August and +19 flights (+0.4% seats) in November. On the other hand, the carrier

added +22 flights (+0.7% seats) in December and +141 flights (+4.1% seats) in

January, mostly to Argentinian, Brazilian and Central American markets.

LATAM Airlines — The meaningful adjustments happened in domestic SSC and

international markets. In Domestic SSC they increased capacity growth by 0.3p.p.

in August, evenly adding seats through upgauging in Peru, Colombia and Chile.

Changes on international were mild and on the negative side, with a slight increase

in August offset by net cuts of -8 flights/month (-1.2% seats) in the Peru – Miami

route, from November onwards.

Aeromexico — Changes were mostly concentrated on domestic markets this week,

with -138 flight cuts (-4.6% seats) in September partially offset by a net increment