By HutchRock. Pixabay License.

Mexico’s aerospace industry had a fruitful 2018 with double-digit growth in exports, according to FEMIA. Queretaro’s Aerocluster reported that the state’s aerospace SMEs grew by 44 percent in that same year. To support the growing sector, the Mexican Confederation of Industrial Chambers (CONCAMIN) signed a collaboration agreement with FEMIA to train its workforce.

In the aviation industry, cargo traffic grew significantly at AICM despite the airport’s saturation problem. To ease AICM’s load, some cargo flights may be rerouted to Queretaro’s Intercontinental Airport. On less positive news, Mexico’s Ministry of Tourism expects reduced growth in international tourism due to the country’s insecurity problems.

Now, about last week:

 

Aviation

Cargo traffic at AICM reached record numbers in 2018 by transporting 581,675 ton, an 8.3 percent increase over the previous year. However, the airport’s saturation still causes logistic problems. Because of this, the Queretaro administration volunteered the Queretaro Intercontinental Airport to support AICM’s cargo operations.

Mexico’s Minister of Tourism (SECTUR) estimated the country will face deceleration in tourism for 2019 due to insecurity issues. This could lead to the country losing its position among the most attractive international touristic destinations.

Interjet named Viva Colombia’s co-founder William Shaw as new CEO, replacing José Luis Garza.

 

Aerospace

Mexico’s aerospace exports grew by 11 percent for a total of US$8.5 billion in 2018, according to FEMIA.

CONCAMIN signed a collaboration agreement with FEMIA to train workers in component design and manufacturing for the aerospace sector.

Queretaro’s aerospace SMEs grew by 44 percent in revenue in 2018 for a total of US$1.87 million, according to Queretaro’s Aerocluster.

Report from MarketWatch states the aerospace 3D printing market is expected to reach US$6.2 billion by 2023.

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