Monday, June 24, 2024

Route suspensions to follow challenging year for Aeroméxico

High fuel costs and over-capacity are behind the suspension of several routes between Mexico and the United States as well as some domestic ones, Aeroméxico announced today.

The airline will drop flights next year between Mexico City and Boston, Washington Dulles and Portland; Monterrey and Las Vegas; and Guadalajara and San Jose, California.

Domestic routes affected are between Monterrey and Tijuana, Mérida and Veracruz, and between Guadalajara and Cancún.

The airline said in a statement that the current year has been one of the most challenging in the last decade.

The situation is “complicated” due to oil prices exceeding US $80 a barrel and excess capacity in the market, it said.

Mexico’s principal airline will also retire three of its aircraft.

Next year will be the first in 10 years in which the number of seats available has not grown.

Aeroméxico announced yesterday that third-quarter revenues were up 14.4% but it recorded a net loss of 617 million pesos (US $32.8 million).

Mexico News Daily

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