This week, Mexico was both praised for its investment in airport infrastructure and warned of the economic dangers of canceling the construction of NAIM. While Mexico’s flagship airline is facing trouble, two low cost rivals are growing their number of passengers or routes.
On the aerospace front, Airbus announced a new school in Mexico, Boeing reported high expectations for air cargo and Embraer is facing a sales slump.
And in our Interview of the Week, Mexico Aviation & Aerospace Review spoke to Eduardo Alba, District Manager of Expeditors, on the ways the company can support local manufacturing industries.
Here are the past week’s highlights. Jump in:
Experts warn of a drop in national and foreign private investment if the construction of the New International Airport of Mexico (NAIM) is canceled.
Aeroméxico announced it will cancel nine routes and restructure its fleet during 2019 due to the economic hits the airline received during 3Q18.
Airbus will open an aviation school in Mexico alongside Escuela de Aviación México (EAM).
At US$13.2 billion, Mexico has the largest investment in airport infrastructure in Latin America, according to Belgian firm Lnoppen.
Interjet reported 12.4 percent growth in passenger traffic during the first nine months of 2018 in comparison to the same period the previous year.
Boeing expects air cargo traffic to increase at a 4.2 percent yearly rate for the next two decades, with operators needing over 2,600 more aircraft by 2037.
Low sales have hit Embraer and its backlog is at a five-year low. While the Brazilian OEM’s private jet deliveries rose slightly, its deliveries for commercial aircraft faced a sharp drop, from 25 in 3Q2017 to 15 in 3Q2018.