Grupo Aeromexico has reported its third quarter capacity, measured in available seat kilometers (ASKs), increased by 24.8% compared to second quarter 2021, primarily driven by a sequential recovery in domestic and international markets. Total ASKs for the third quarter decreased by 26.9% compared to the same period of 2019 due to the impact of the COVID-19 pandemic.
Grupo Aeromexico's third quarter 2021 revenue reached $13.2 billion pesos, a 32.2% increase compared to the second quarter of 2021 and a 27.9% decrease with respect to 2019. During the quarter, revenue per ASK (RASK) in pesos increased by 5.9% compared to second quarter 2021 and decreased by 1.3% compared to the same period of 2019.
EBITDAR for the period amounted to $3.6 billion pesos, an improvement of $1.8 billion pesos versus second quarter of 2021 and a decrease of $710 million pesos compared to the third quarter of 2019.
Aeromexico delivered an Operating Profit of $330 million pesos, its first quarter of profitability since the beginning of the pandemic. The achievement of this milestone represents an improvement of $1.5 billion pesos compared to second quarter 2021.
Cost per ASK (CASK) in pesos was $1.351 pesos, a 7.9% decrease compared to second quarter 2021 and a 4.0% increase versus the third quarter 2019. The observed increase is primarily driven by a 0.8% increase in fuel costs and a 26.9% reduction in capacity. CASK in dollars reached $0.068 dollars, a 6.8% decrease compared to second quarter 2021 and a 1.5% increase versus 2019.
Aeromexico's cash position as of September 30, 2021, amounted to $19.1 billion pesos, equivalent to approximately $930 million dollars. Excluding restricted cash, Aeromexico's cash balance amounted to $17.9 billion pesos, equivalent to $873 million dollars. During the quarter, the company generated $1.2 billion pesos of operating cash flow.
As at September 30th, 2021, Grupo Aeromexico's operating fleet comprised 122 aircraft, a 3.4% increase compared to the second quarter of 2021.
On June 30, 2020 Aeromexico filed voluntary Chapter 11 petitions in the US, which it states it will use to strengthen its financial position and liquidity, protect and preserve its operations and assets and implement necessary operational changes to address the impact of the ongoing COVID-19 pandemic.