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

Super El Niño Risk Raises Pacific Hurricane Concern

Super El Niño Risk Raises Pacific Hurricane Concern

UNAM warns a possible strong El Niño in 2026–2027 could deepen drought, fuel extreme rain,...
Recovered Maya Lintel Sparks Mexico-Guatemala Dispute

Recovered Maya Lintel Sparks Mexico Guatemala Dispute

A recovered Maya lintel in New York is now at the center of a Mexico...
Rocha Indictment Puts Sheinbaum in a Political Bind

Rocha Indictment Puts Sheinbaum in a Political Bind

A U.S. indictment accusing Sinaloa Gov. Rubén Rocha of cartel ties tests Mexico’s courts, sovereignty...
Acapulco Tianguis Ends With Billion Peso Tourism Boost

Acapulco Tianguis Ends With Billion Peso Tourism Boost

Tianguis Turístico closed in Acapulco with 64,000 meetings and more than 1 billion pesos in...