Análisis de los indicadores operativos y su relación con la rentabilidad financiera de las aerolíneas latinoamericanas.

Abstract

Aviation es an important market for the global economic development. In places like the United States and Europe, they´re made up of important companies that generate streams of revenue. However, Latin America, because of high regulation and political and economic instability, is a market that has not been fully exploited. In this investigation, the operational indicators will be analyzed in relation to the financial profitability of the airlines from the latter region, using a quantitative investigation, with the purpose of determining if said relation exists. The key performance indicators will be used to demonstrate results using inferential and descriptive statistics, through a regression analysis, to correlate the operational factors, such as ASK, RPK and transported passengers, with the financial profitability. It was found that there is a strong correlation between these variables, although, if they are analyzed separately, it was also found that Brazilian airlines have the strongest bond between these variables, because of their important presence in their domestic air market, which is one of the biggest in the continent.