Puerto Vallarta News

Puerto Vallarta 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

puerto vallarta navy shooting

Navy streets lock down after Puerto Vallarta naval shooting

A young man was critically wounded after Navy personnel opened fire outside Puerto Vallarta’s 12th...
Puerto Vallarta whale collision kills local expat

Puerto Vallarta whale collision kills local expat

An American resident dies after a Puerto Vallarta whale collision near Olas Altas Beach, as...
Costa Azul lookout accident

Costa Azul lookout accident leaves car over cliff edge

A sedan skidded on a wet curve at the Costa Azul lookout in San José...
Los Cabos water crisis

Los Cabos water shortage still drags on as city grows

Los Cabos enters a second year of government still dragging a deep water shortage, clogged...