Now, let’s take a brief look at Volaris, Viva Aerobus, and Aeromexico, the Mexican carriers in the first quarter of 2022. The three airlines carried over 15 million passengers overall in the first three months of the year. Volaris and Viva Aerobus remained well over...
The Latin American aviation market in March had five main stories: Aeromexico’s Chapter 11, LATAM’s Chapter 11, Avianca’s Airbus order book, Chile’s new terminal in Santiago de Chile, and Mexico’s new airport in Mexico City. Let’s take a look at the biggest stories of...
Today Aeromexico announced it is emerging from its Chapter 11 bankruptcy process in the United States. Moreover, the airline announced it will receive US$1.5 billion in fresh equity from investors and that it will invest approximately US$5 billion in the next five...
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...
It took a little longer than expected, but finally, we have Mexico’s full 2021 traffic results. The country closed the year with over 80 million passengers, both domestically and internationally. Mexico had, arguably, the best traffic recovery in 2021, almost bouncing...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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