Aviation reported mixed results for the 1Q18. While global air cargo has not seen a better year start since 2015 and passenger aviation in Mexico grew 8.5 percent in the first two months of 2018, the industry’s growth is decelerating compared to growth rates of past years. IATA reports that Latin America heads toward an airport privatization crisis. This week also saw the first delivery of several aircraft including the long-expected Embraer E190-E2, Embraer Phenom 300E and Pilatus’ second PC-24. Find out what Airis Aerospace, Passenger Drone and DAC/AirspaceX are doing to make urban air commuting a reality in MAAR’s Tomorrow’s Flying Taxi, Today – Part 4
Regarding NAIM, Minister of Communications and Transport Gerardo Ruiz Esparza said there is trust in the private sector that the airport project will continue even after its costs rose due to changing exchange rates.
What is the role of Mexico in United Airlines’ long-term sales strategy? Check out Mexico Aviation & Aerospace Review’s interview with Rolf Meyer, Managing Director, Mexico and Latin America Sales of United Airlines.
Ready to take off? Here’s what’s up in aviation and aerospace:
The Aviation Industry’s Altimeter
Despite the 8.5 percent year-on-year growth that aviation in Mexico achieved in the first two months of 2018, the industry is decelerating.
According to IATA, Latin America is heading toward a crisis as passenger traffic grows as airport infrastructure presents a hurdle,
Latin America is no longer an emerging market for aviation as it has already emerged, according to Airbus.
Commercial and Business Jets: Ordering and Delivering
Air Lease orders an additional eight Boeing 737MAX 8, increasing ALC’s 737MAX orderbook to 138.
Commercial airlines and new routes
The Mexico City-Cancun route is in the first position of Mexico’s domestic flights in the first two months of 2018 with 750,000 transported passengers.
Delta transported 16.6 million passengers during 1Q18 but expects a 5 cent drop in share value.
Transitioning to NAIM
According to SCT and Sectur, there is trust in the private sector that the NAIM project will continue because it is legal, technically well-planned and its feasibility is not up for political discussion, said Gerardo Ruiz Esparza. He also pointed out that the project’s costs have risen due to an increase in exchange rates. GACM engages in the process of gathering the necessary documents to put ORAT software in motion and become ready for operational transition between AICM and NAIM.
Meanwhile, the new migration kiosks in AICM will save foreigners arriving to Mexico City 50 percent of the current passenger migration time and Miguel Peláez leaves his position at DGAC to become the new director of AICM.
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