While the global travel industry is predicted to grow, Mexico saw a deceleration in the number of tourists entering the country by air. Air cargo traffic at Mexico City International Airport, however, grew in volume despite a global drop in this segment. In the NAIM front, Afores participating in the project recovered 99 percent of their investment but the Airports Council International (ACI) warned that the three-airport system meant to replace NAIM may not be as good as it seems.
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Afores that invested in the construction of the now cancelled NAIM project recovered 99 percent of their investment, said the National Commission of the Retirement Savings System (CONSAR).
Angela Gittens, General Director of ACI, warned Mexico City that a three-airport system will not translate into threefold air capacity, referring to the government’s plan to replace NAIM.
ACI reported that global air cargo transportation dropped by 1.5 percent in volume in December 2018, partly because of the increase in protectionist policies and a decrease in trade.
However, cargo traffic at the Mexico City International Airport grew by 1.57 percent in January thanks to national traffic that grew 6.84 percent and international traffic with an increment of 0.4 percent.
Air tourism coming to Mexico slowed down during the first month of 2019. General air traffic grew by 2.1 percent but this is the smallest growth rate since august 2011.
Meanwhile, the global travel industry is expected to grow by 4 percent in 2019, according to the World Travel & Tourism Council. The tourism sector was valued at US$8.8 trillion in 2018.