According to stats provided by the Government and airlines, the Mexican aviation industry hit a bump in its recovery during January and February. Nevertheless, there are good signs that the recovery is gaining track again, despite the still high number…
Grupo Aeromexico reported a net loss of 42.983 billion pesos (USD 2.1 billion) in 2020 due to the effects of the COVID-19 pandemic. The Mexican airline saw a 58.5% decline in the revenues that led it to file for a…
The Mexican low-cost carrier Volaris is seeing a decline in demand for its first quarter of 2021 due to a combination of low seasonality and the US travel restrictions imposed on January 26. Let’s look at the figures In January,…
Last week, Grupo Aeromexico reached an agreement with Apollo Global Management to extend the time it has to negotiate a new Collective Bargain Agreement with its Unions. The Mexican airline failed to agree on cost-saving measures with its employees, jeopardizing…
Finally, 2020 is coming to an end. For many airlines worldwide, this is a year they will never forget. In Latin America, many Governments kept their airspaces shut for more than six months, effectively grounding the carriers. Just in the…
Worldwide, almost 30% of airlines’ fleet is still grounded, according to data provided by Cirium. In Mexico, though, most commercial airlines’ planes have resumed their operations, but are they flying enough? Mexican airlines finished 2019 with an active fleet of…