Let’s look at the financial results of Aeromexico in 2021. The Mexican flag carrier closed last year with a US$40 million net profit (if we exclude Aeromexico’s Chapter 11 expenses), bouncing back to profitability for the first time since 2019. Looking ahead into 2022, Aeromexico’s road seems brighter, although several challenges remain, from domestic competition to international uncertainty and Mexico’s Category 2 status with the FAA.
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