TAG Airlines, Guatemala’s flag carrier, announced a powerful 105% passenger traffic growth through the 12 months’s first quarter. This carrier had a solid start for the 12 months with revenue growth of 122.3% versus 2022, because it launched an increasing number of services in Central America and Mexico.
TAG Airlines grows
The Guatemalan state carrier has been heavily growing in the previous couple of months. Based on data on its website, the airline serves five destinations in Guatemala, 4 in Mexico, three in Honduras, one in El Salvador, and one in Belize. It currently operates 47 day by day flights with a industrial fleet composed of 12 aircraft, with more coming soon.
Through the first quarter of the 12 months, the airline carried 89,487 passengers, which represented a 105 increase in comparison with the identical period in 2022. Between January and March 2022, TAG Airlines handled 43,723 passengers.
Similarly, TAG’s seat capability increased from 63,411 seats available initially of last 12 months to 134,324 this 12 months. Passenger revenues grew by 122.3%, and the operating margin was superior to that generated in the primary quarter of 2022 by 6.3 times, said the airline in an announcement. Julio Gamero, the Chief Executive Officer (CEO) of TAG Airlines, added,
TAG Airlines is seeking to turn out to be probably the most known carrier within the Mayan geographic zone –an area composed of Guatemala, Belize, Honduras, El Salvador, and the southern parts of Mexico. TAG Airlines offers 40 day by day flights to 14 destinations in these five countries. In Guatemala, TAG serves Guatemala City (GUA), Flores (FRS), Puerto Barrios (PBR), Retalhuleu 8RER), and Quetzaltenango (AAZ). Other destinations are Roatán (RTB), San Pedro Sula (SAP), and Tegucigalpa (TGU) in Honduras; Mérida (MID), Oaxaca (OAX), Tuxtla (TGZ), and Cancun (CUN) in Mexico); San Salvador (SAL) and Belize (BZE) in El Salvador and Belize, respectively.
TAG’s fleet
The Guatemalan flag carrier has one of the interesting fleets in Latin American aviation. The airline has eight Saab 340A aircraft and is the just one within the region to operate this turboprop. Based on ch-aviation, TAG is the biggest Saab operator in the intervening time globally. Other Saab operators include Pacific Coastal Airlines, SprintAir, and Western Air Bahamas.
Photo: TAG Airlines.
TAG Airlines also operates two ATR 72-500s and one Embraer E145LR. The Guatemalan company is seeking to increase its fleet this 12 months and has announced it would receive a 3rd ATR 72-500 the next month. A fourth ATR turboprop is about to reach at the corporate shortly as well. Taking a look at data from ch-aviation, the 2 registration numbers of TAG’s latest ATRs are M-IBAM and M-IBAN. These aircraft are currently stored at Toulouse Francazal Airport. They were each previously operated by the Mumbai-based carrier Jet Airways between 2010 and 2019.
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Source: ch-aviation.