Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline’s position during Q4 of 2021 continued to improve, despite Omicron-variant-related cancellations. Total revenue at the Mexico City-based carrier reached Ps.15.4b ($755m), 16% over the third quarter of 2021, and more than double the figure for the same quarter in 2020. Still, that revenue was about 11% lower than in the same quarter in pre-pandemic 2019. The company posted a loss of Ps.9.5b for the three months that ended in December, slightly less than the Ps.9.7b it lost in the last three months of 2020. For the full year, the company’s loss was Ps.18.8b, down from Ps.28.5b in 2020. That said, the Mexican carrier is optimistic that more passengers will return in 2022. “In spite of the challenging environment, the market has shown signs of recovery,” Aeromexico says Tuesday. “The industry worldwide was negatively affected by the beginning of a new wave of Covid-19, Omicron, causing several flight cancellations during mid- to late December... The company remains committed to safely expand flight service in the coming months, in line with local regulations and customer demand, in full compliance with the highest health standards and protocols.” The airline’s capacity as measured in available seat kilometres (ASKs) rose 5.8% from the previous quarter, with a 6% increase in international capacity and 5.5% in domestic. Total ASKs were at about 80.9% compared to the fourth quarter in 2019.<br/>