Aerospace News

  • Volaris earnings fall 51.5% during first quarter 2017

    Volaris, the low-cost airline serving Mexico, the United States and Central America, announced its financial results for the first quarter 2017, where the company highlighted adjusted earnings of US$ 58.6 million before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR). The figure represents a decrease of 51.5% year over year.

    Considering a currency exchange rate of 18 Mexican pesos per U.S.

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  • Interjet takes delivery of first Airbus A320neo

    Interjet announced it has taken possession of the first of three Airbus A320neos, the latest version of the A320 line of passenger aircraft. These three aircraft, along with 48 additional Airbus aircraft in Interjet’s fleet, will service both international and intra-Mexico destinations.

    “We are very pleased to be the first airline in Mexico to take possession of the Airbus 320neo with CFM Leap-1A engines,” said José Luis Garza, CEO

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  • Mexico’s income via tourism increased 10.4% in 2016

    At least 35 million international tourists visited Mexico last year, a 9% increase compared to 32.1 million in 2015, government officials announced.

    The Ministry of Tourism estimates foreigners spent US$ 19.571 billion last year during their visits to the country, 10.4% higher than the previous year, according to the figures.

    Tourism is a major source of income for Mexico, also now one of its few bright spots of the economy

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