It has been almost a year and a half since the Federal Aviation Administration (FAA) downgraded Mexico’s safety rating to Category 2. The current Mexican administration has been unable to restore the previous status, which has profoundly impacted the local carriers...
Mexico has all but recovered its pre-pandemic traffic levels in 2022. In the first six months of the year, the country has had 50.2 million passengers, growing compared to 2019 levels. The three leading Mexican carriers, Volaris, Aeromexico, and Viva Aerobus, have...
Last week, the Mexican ultra-low-cost carrier Volaris released the second quarter of 2022 financial results and had its earnings call transcript. During the call, the airline’s management addressed the Category 2 impact on Volaris. Mexico has been downgraded to...
The Mexican aviation industry has recovered 99.3% of its pre-pandemic traffic levels. Between January and May 2022, the airlines operating domestic and international flights to and from Mexico carried 41.3 million passengers versus 41.5 million in the same period...
The Mexican ultra-low-cost carrier Volaris began 2022 with a net loss of US$49 million due to the impact of the rising fuel prices and Mexico’s low season in January and February. Let’s take a look at Volaris’ financial results to start the year. In the first quarter...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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