In a significant move, the Mexican government has unveiled its plans for a new flag carrier, the revival of the Mexicana de Aviación brand, set to begin operations this December. Relaunching Mexicana This initiative represents a substantial investment and aims…
The Mexican ultra-low-cost carrier Volaris released the financial results for the first half of 2023 this week. Volaris posted total operating revenues worth $1.5 billion and had total operating expenses of $1.49 billion. How did Volaris do? The Mexican carrier…
On Tuesday, Ethos Asset Management Inc., USA, announced a new long-term financing partnership with Transportes Aéreos Regionales (TAR Aerolíneas ), a regional Mexican carrier with a fleet of nine Embraer E145LR aircraft operating to 18 domestic destinations and having charter…
Mexico became, in 2023, the largest Latin American aviation market, surpassing Brazil for the first time in history. Additionally, the North American country has an incredible opportunity to keep growing strongly once the Federal Aviation Administration (FAA) publishes the latest…
On Friday it was reported by local media outlet El Financiero that Mexico is regaining Category 1 status with the Federal Aviation Administration (FAA ) after two years downgraded. Regaining Category 1 status Today, the Mexican newspaper El Financiero announced…
Airlines in Latin America are often in one of the riskiest markets in the region. They face many challenges, from currency volatility to government uncertainty (see, for example, Peru’s recent failed coup d’etat). Additionally, regional authorities often see airlines in…