Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Aeromexico to restructure its fleet in ‘rational and disciplined approach to growth’

This has been one of the most challenging years in the last decade for the domestic aviation industry. The industry has lost $1.6 billion pesos at an operating profit level in the first six months of the year. While Aeromexico has continued to deliver an operating profit, the Company has delivered a net loss so far this year. Furthermore, with fuel prices at more than $80 dollars per barrel and overcapacity in the market, the operating environment remains complicated.

Consequently, Aeromexico has made the decision to restructure its fleet and network demonstrating, as it always has done, a rational . . .

Read Full Story

Related Posts

El Jardinero Arrest Raises New Questions for CJNG Power

Puerto Vallarta Stays Calm After El Jardinero Arrest

Puerto Vallarta reported no incidents after El Jardinero’s capture in Nayarit, while officials kept security...
Los Cabos Enters Risk Zone as Cyclone Season Nears

Los Cabos Enters Risk Zone as Cyclone Season Nears

Los Cabos is preparing for an active Pacific cyclone season, with officials warning of heavy...
Los Cabos Power Shortage Puts Over 50 Projects on Hold

Los Cabos Power Shortage Puts Over 50 Projects on Hold

More than 50 Los Cabos and La Paz investment projects are stalled as Baja California...