During the quarter, we started flights to Salta and Tucuman in Argentina, and as mentioned in our previous call, In the next few months, we expect to add service to Los Cabos, Mexico, Puerto Plata and Santiago in the Dominican Republic, and Salvador Bahia in Brazil, further strengthening our position as the most complete and convenient connecting hub for travel in the Americas.
Nov 20, 2025 / CEO / receipt, needs a key / Pedro Heilbron, CEO | earnings call 2025-11-20 | transcript fc329063-380b-4062-9277-a5d7d97bcf46 | chars 3030-3410 | segment 3
First of all, there was a lot of U.S. origin. Historically, of course, we've been more anything bringing people from South America to the Caribbean and to North America. That sort of reversed a little bit after the pandemic with the strength of the U.S. dollar, and now you're seeing more Americans coming south. But with the recent sort of strength of the Real and the Colombian Peso, then you're seeing some of that flow reversing a little bit again. So now we're kind of in a flux sort of moment where there's a little bit of everything into the mix of our leisure travelers, which is, I think, very, very good in terms of the sources that we have for demand.
Aug 10, 2023 / CEO / receipt, needs a key / Pedro Heilbron, CEO | earnings call 2023-08-10 | transcript 7eb7a4e4-481e-488b-a729-92d0b28e8ec4 | chars 25537-26199 | segment 26
So both business, I mean, we have corporate accounts. It's not as a significant number as it is, let's say, for a U.S. airline in the U.S. And then we have business travelers, which might not have corporate accounts. So when we put all that together, it's still around half of what it used to be. maybe a little bit better than that. It's been improving slightly quarter over quarter. And it's maybe slightly above 20% of our overall business right now. Where we're still seeing strength in demand, current and future is in leisure. So that's what's been driving the demand strength throughout the region. But again, Business and corporate is recovering quarter over quarter, even though at a slow pace.
Aug 4, 2022 / CEO / receipt, needs a key / Pedro Heilbron, CEO | earnings call 2022-08-04 | transcript 41ecec4f-58d8-41c0-956a-514d9ca43121 | chars 24322-25025 | segment 24
And I think, Dan, the very interesting aspect is that as garments drop requirements for visiting or for traveling, that also should boost business travel going forward. So we see with good eyes as garments have removed testing requirements, pre-departure, or this sort of hindrances that occurred for travel over the last several years, and that's, I think, also going to boost business demand going forward.
Aug 4, 2022 / CEO / receipt, needs a key / Pedro Heilbron, CEO | earnings call 2022-08-04 | transcript 41ecec4f-58d8-41c0-956a-514d9ca43121 | chars 27545-27953 | segment 28
But we know it will eventually be back, of course, because it's gonna continue growing. We know that, but how long it's going to take, hard to tell. Because yes, there aren't the needs as before to be there in person for every single meeting. But the value of personal travel, it's irreplaceable. Technologies don't make up for it. We see it in our own business. There's now a number of meetings that have to be in person because there's no other way of being effective. And same with visiting clients. and suppliers visiting also. It's gonna be step by step. It'll take some time and it's really hard for us to predict.
Aug 4, 2022 / CEO / receipt, needs a key / Pedro Heilbron, CEO | earnings call 2022-08-04 | transcript 41ecec4f-58d8-41c0-956a-514d9ca43121 | chars 26924-27544 | segment 27
Subject to demand and air travel restrictions in the region, in June we plan to return our flight network to a six connecting bank hub structure, which will enable us to operate more efficiently and to continue adding frequencies and destinations.
May 6, 2021 / CEO / receipt, needs a key / Pedro Heilbron, CEO | earnings call 2021-05-06 | transcript c5dea9ee-c9e6-41cf-9a3b-7ca7f865f984 | chars 4756-5003 | segment 4
On the one hand, in the US, Panama, and a few other countries, we're seeing a downward trend in infection rates, which has led to fewer travel restrictions and an uptick in demand.
May 6, 2021 / CEO / receipt, needs a key / Pedro Heilbron, CEO | earnings call 2021-05-06 | transcript c5dea9ee-c9e6-41cf-9a3b-7ca7f865f984 | chars 2518-2698 | segment 2
On the other hand, several countries in Latin America continue to struggle with the virus, leading many to reimpose their travel restrictions and or new health requirements, affecting demand for international travel, and in many cases, leading to a reduction in our planned capacity.
May 6, 2021 / CEO / receipt, needs a key / Pedro Heilbron, CEO | earnings call 2021-05-06 | transcript c5dea9ee-c9e6-41cf-9a3b-7ca7f865f984 | chars 2699-2982 | segment 2