Mexico’s State-Owned Airline Sued for $800 Million
SAT Aero Holdings alleges that Mexicana de Aviación put the company at risk by failing to uphold its end of the contract
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Judicial Ruling Paves Way for Mexican Army Airline Acquisition
Mexican President Andrés Manuel López Obrador confirmed the government’s acquisition of Mexicana de Aviación is moving forward, with the airline set to retain its name once its ownership officially transfers into the hands of the Mexican Armed Forces
Read moreAeroméxico Drops $80.4 in Value Over Two Days
By KELIN DILLON Mexico’s flag carrier airline, Aeroméxico, experienced massive losses at the end of last week, losing more than $80.4 million in value over the course of two days and dropping stock prices to 1.66 pesos per share, the airline’s lowest share price in history. While having a $118.6 million market share as of Wednesday, Dec. 15, Aeroméxico lost
Read moreMexico’s Airspace Saga Continues with Forced Resignations
By KELIN DILLON As the U.S. Federal Aviation Administration’s (FAA) degradation of Mexico’s airspace ranking from a category 1 to a category 2 continues to send shockwaves throughout the country’s flight sector, director of the International Civil Aviation Training Center (CIAAC) Benjamin Romero has found himself the latest casualty of the ongoing saga. Romero was asked to peacefully leave his
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