NAIM’s cancellation remains under the spotlight as the group in charge of the airport’s construction reimbursed former investors. In an event hosted in Mexico City, IATA warned that the project that will replace NAIM may cause complications in airlines’ operations and called for the government to work together with these airlines. The Minister of Communications and Transport, in turn, vowed to address these issues.
In international news, Embraer’s shareholders held a vote on Boeing’s acquisition and engine powerhouse Rolls-Royce stepped back from the race to supply Boeing’s new airplane.
Now fasten your seatbelt and head into last week’s highlights.
Mexican Aviation and Airport Infrastructure
Grupo Aeroportuario de la Ciudad de México (GACM) repaid investors MX$34 billion (US$1.76 billion) for the cancellation of NAIM.
On Thursday, Mexico City hosted the Aviation Summit México, an event jointly organized by IATA, CANAERO, ACI-LAC and ALTA with the goal of identifying and addressing the main opportunities for the aviation industry in the country.
IATA warned Mexico’s federal government that the cancellation of NAIM will make airlines’ operations harder and urged the government to present its airport infrastructure plan.
Minister of Communications and Transport Javier Jiménez Espriú recognized that airline operations will increase in complexity and vowed to work on these problems alongside airlines.
Alfonso Sarabia stepped down as Director General of Airports and Auxiliary Services (ASA), a government-owned corporation in charge of the operation of 19 airports in Mexico.
Embraer shareholders greenlighted Boeing’s acquisition of the Brazilian OEM’s commercial and defense divisions, which is expected to finalize by the end of the year.
Rolls-Royce stepped back from the race to supply engines for Boeing’s new midsize airplane stating it was “unable to commit to the proposed time table.”