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Interjet considers stake sale or IPO; Mexican LCCs targetting continued expansion

30-Dec-2010

Interjet President Miguel Aleman Magnani in Dec-2010 stated the Mexican LCC is considering proposals to either sell a stake in the carrier to a foreign company or list its shares in the local market to boost growth in 2011. Mr Magnani, in an interview with Reuters, stated: "They are two separate processes. Both could happen, but it is not very likely. If we get an investment first, then the (IPO) may not happen.” [1524 words]

Unlock the following content in this report:

Subheadings:

  • Mexico’s second largest carrier continues expansion
  • Fleet growth to continue – four new A320s in 2010, 2011 and 2012
  • Targetting domestic and international expansion
  • LCCs expand from Mexico City following Mexicana’s withdrawal
  • Investing in biofuels; pilot training

Graphs and data:

  • Mexico LCC domestic capacity trends: 2001 to 2010
  • InterJet route map: Dec-2010
  • Mexico domestic capacity trends: 2001 to 2010
  • Southwest and Volaris partnership details
  • Volaris destination map: Dec-2010
  • VivaAerobus destination map: Dec-2010
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