This week held positive news for the aerospace industry with several aircraft orders and a couple of deliveries. Furthermore, two new aircraft destined for flight tests have been finished: Boom Jet’s supersonic XB-1 jet and Irkut’s MC-21-300. The global space industry saw an order for a communications satellite, the reentrance of a space lab to the atmosphere and the preparations for European regulations after Brexit.
In Mexico, Presidential candidate Andrés Manuel López Obrador proposed to cancel the construction of the New International Airport of Mexico (NAIM) project and the industry reacted accordingly, with GACM, CANAERO and CCE among the organizations to protest as AICM reached its maximum level of operations possible. Passenger traffic grew 4.9 percent in January and several new routes connecting Mexico with the US were announced, but airport groups listed in the Mexican Stock Exchange (BMV) saw their share value drop. There was a minor accident that involved two of Aeromar’s aircraft and Canada was announced to be the guest country at FAMEX 2019.
Rejecting NAIM’s cancellation
AICM reached its maximum level of operations. There is no more margin for growth through slot rearrangement.
Private sector called for candidates to deliver legal certainty on investments in NAIM so that commitments achieved are respected.
Cancelling NAIM would cost MX$120 billion and around 70,000 jobs, according to Federico Patiño.
Not finishing NAIM would force GACM to use a substantial amount of its operational income to pay investors that took part in the Fibra E that was raised on the BMV.
Mexico’s aviation industry has grown 8.5 percent in the first two months of 2018 and moved 15.3 million passengers. The industry continues growing but has decelerated.
Thrusting aviation and aerospace
Global passenger traffic grew 4.9 percent in January compared to the same month in 2017, according to data of ACI.
Two of Aeromar’s ATR aircraft were involved in an accident as they received maintenance. There were no casualties but one of the aircraft will require repair.
European Council intends to keep a close partnership with the UK after Brexit. The UK may remain a member of EASA.
New routes, frequencies, orders, deliveries, and aircraft
Interjet announced new routes between Guanajuato and Texas that will start on June 22.
American Airlines announced new flights to Mexico and South America including Oaxaca, Georgetown, Pereira and Cordoba.
Aegean Airlines signs memorandum of understanding with Airbus to purchase 20 A320neos and 10 A321neos.
LOT Polish Airline received its first B787-9 Dreamliner. It will be used for transcontinental routes to Toronto, Chicago, New York and Seoul.
Irkut finishes the construction of its second MC-21-300. It will be used for flight tests.
Boom Technology’s XB-1 supersonic jet prototype will take flight in 2018 now that its General Electric J85 engines have been delivered.
Air New Zealand called for stricter regulation on UAVs after one was almost sucked into the engine of one of the airline’s Boeing 777-200ERs.
In-n-out the atmosphere
Don’t forget to follow Mexico Aviation & Aerospace Review at @mxaerospace to stay tuned on the latest industry news!