Puerto Vallarta News

Puerto Vallarta News

Mexico City airport to cost $1 Billion USD

Construction of a new airport on land adjacent to the Mexico City international airport, AICM, is expected to cost $120 billion pesos ($1.2 Billion USD), said transport and communications (SCT) minister Gerardo Ruiz during a presentation of the country's national infrastructure plan 2014-18.

The 7.7 trillion-peso national infrastructure plan unveiled by the government Monday "does not include (the cost) of new airport installations that are currently being evaluated," said Ruiz.

Mexico's civil aviation authority, DGAC, declared the airport officially saturated in April last year and so no additional routes can be opened despite growing . . .

Read Full Story

Related Posts

Puerto Vallarta Condo Occupancy Reaches 80% as Season Peaks

Puerto Vallarta Condo Occupancy Reaches 80% as Season Peaks

Puerto Vallarta’s condo occupancy nears 80% as high season peaks. Local condo managers warn of...
7 Experience-Driven Luxury Travel Trends for 2026 in Mexico

7 Experience-Driven Luxury Travel Trends for 2026 in Mexico

Luxury travel in 2026 is about niche experiences – from sports trips to wellness retreats...
Inside Los Mayos Armed Wings of Sinaloa Cartel

Inside Los Mayos Armed Wings of Sinaloa Cartel

Enforcers of the Sinaloa Cartel’s “Los Mayos” faction reveal a hidden hierarchy. These armed wings...
San Miguel de Allende weighs Casa Europa hub proposal

San Miguel de Allende weighs Casa Europa hub proposal

San Miguel de Allende considers an extended loan for Casa Europa. The aim is a...