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

AI tool may expose illegal beach construction in Mexico

AI tool may expose illegal beach construction in Mexico

Playas Libres IA uses public maps and building data to flag possible construction conflicts in...
Ixchel to Frigg

From Ixchel to Frigg: Mother Goddesses Still Speak Today

A Mother’s Day cultural explainer traces Ixchel, Coatlicue, Gaia, Nut, Izanami and Frigg through myth,...
Rocha Indictment Puts Sheinbaum in a Political Bind

Rocha Moya loses immunity as U.S. cartel case grows

Rubén Rocha Moya lost immunity after taking leave as Sinaloa governor, as federal protection and...
Mexico Moves to Ease Fight Over U.S. Airline Access

Mexico Moves to Ease Fight Over U.S. Airline Access

Mexico says it will address U.S. airline access concerns at AICM, but Washington says restrictions...