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

Mexico de Colores turns 15 with art and visibility

Mexico de Colores turns 15 with art and visibility

Mexico de Colores marks 15 years of blending dance, folklore and LGBT+ visibility as it...
transporte público

Chapala fare hike triggers backlash over poor service

A new bus fare increase in Chapala has sparked protests, as riders say service remains...

Mexico Defends Phone Registry as Privacy Fears Grow

Mexico says its mandatory phone registry will help investigate crime and missing-person cases without creating...
Progreso oil spill fears rise as slicks appear offshore

Progreso oil spill fears rise as slicks appear offshore

Suspected hydrocarbon slicks off Progreso drew a Navy and Pemex response, raising concerns for fishing,...