Mexico’s Second District Judge in Commercial Insolvency Matters officially declared notorious Mexican airline Interjet as bankrupt and ordered the company’s assets to be put up for auction
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PULSE NEWS MEXICO A group of disgruntled former workers of Mexicana de Aviación Airlines, which went belly up in 2010, blocked access to Terminal 1 of the Mexico City International Airport (AICM) on Monday, Sept. 5, after having been forcefully removed from the premises four days earlier by members of the Mexican Navy. The workers, who had been protesting their
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By MARK LORENZANA Foreign direct Investment (FDI) in Mexico had a strong annual growth of 49.2 percent in the first half of this year, helping the country accumulate $27.5 billion, according to preliminary figures from Mexico’s Economy Secretariat. According to a statement by the Secretariat of the Economy, the figure reflects “extraordinary movements, related to the merger of Televisa with
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By THE PULSE NEWS MEXICO STAFF Aeroméxico, Mexico’s largest airline, reiterated Friday, Nov. 19, that it will continue to use exclusively the Benito Juárez International Airport for all its flights into and out of Mexico City. The announcement came as a blow to the administration of leftist President Andrés Manuel López Obrador (AMLO), who has invested vast amounts of political
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By RICARDO CASTILLO First USMCA Investment The Canadian firm Bombardier Recreational Products (BPR) announced on Thursday, July 2, the construction of a plant in Ciudad Juárez, Chihuahua, which will build four-wheel-drive vehicles, making it the first investment of the new era of the United States-Mexico-Canada Agreement (USMCA). The announcement was made in Mexico by the Economy Secretariat, claiming that the
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By RICARDO CASTILLO The change over of presidents in Mexico is always a formal event, and this time was no exception, except for the fact that the style of doing things has changed. Some, if not all, of the stiff formality of yesteryear was absent in the proceedings that took place on Saturday, Dec. 1. The real change of administrations
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By RICARDO CASTILLO The behemoth New International Mexico Airport (NAIM) project was declared defunct on Monday, Oct. 29, by President-elect Andrés Manuel López Obrador (AMLO) after the “no” vote triumphed overwhelmingly during the four-day (Oct. 25 through Oct. 28) national consultation poll carried out by the now-ruling National Regeneration Movement (Morena) political party. The airport construction, at about 20 percent completion (32
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By RICARDO CASTILLO The open referendum to approve or disapprove the no-binding construction of the New International Mexico Airport (NAIM) started on Thursday, Oct. 25, and will end on Sunday, Oct. 28. In case you’re not tuned into the situation, which is the nation’s largest and noisiest gossip topic nowadays, here are some of the pro and con opinions regarding the controversial
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By RICARDO CASTILLO It’s no big surprise in Mexico that a single word, taken out of context, can reek havoc nationwide. It is happening right now! Last Sunday, Sept. 16, President-elect Andrés Manuel López Obrador (AMLO) began his “thank you voters” tour (which he will extend over the next month to the rest of nation for awarding him with a landslide victory
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