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

Malecón vehicle traffic

Free Malecón Events Mark Puerto Vallarta Anniversary

Puerto Vallarta will mark its 108th anniversary with free Malecón events, civic acts, music and...
Perfect Day Mexico

Petition Against Royal Caribbean in Mahahual Tops 2M

A Change.org petition opposing Royal Caribbean’s Perfect Day México project in Mahahual has passed 2...
Artificial Reef Plan Seeks to Protect Caribbean Corals

Artificial Reef Plan Seeks to Protect Caribbean Corals

Coral Park is raising funds for a Paamul artificial reef designed to reduce diving pressure...
Navy Says 39,500 Tons of Sargassum Cleared in Quintana Roo

Navy Says 39,500 Tons of Sargassum Cleared in Quintana Roo

The Mexican Navy says crews have collected more than 39,500 tons of sargassum from Quintana...