Aeromexico received (16-Aug-2013) its first Boeing 787-8, a "milestone in Mexican aviation history", according to CEO Andrés Conesa. Mr Conesa commented, "Our customers already benefit from the world-class service that distinguishes Aeromexico, but they will now also be flying the most modern aircraft ever built." Boeing Commercial Airplanes VP of sales for Latin America, Africa and Caribbean Rex Gallard said, "The Dreamliner will provide Aeromexico with unrivaled operational advantages, large improvements in fuel efficiency and much lower costs. In addition, it is an airplane that provides significantly better environmental performance." The carrier plans to receive three of a planned fleet of nine 787-8s by Nov-2013, deploying the type on services to Tokyo Narita, Paris and New York JFK. Aeromexico also has ten 787-9s on order for delivery through 2015. According to the CAPA Fleet Database, the carrier's long-haul fleet is currently comprised of four Boeing 777-200ERs with an average age of 9.7 years, four Boeing 767-200ERs and two Boeing 767-300ERs with an average age of 21.5 years. [more - original PR - Aeromexico] [more - original PR - Boeing]
Aeromexico receives first Boeing 787-8
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Mexico’s largest airline, Aeromexico, plans slightly higher capacity growth in 2016, mostly driven by added frequencies to its long haul markets in Asia and Europe. Its preliminary guidance shows an ASK increase in the low single digits versus 8% growth in 2016. Similarly to 2016, much of Aeromexico’s capacity should be deployed to international markets as the airline sheds three Boeing 777 widebodies and adds five 787-9s to its fleet.
Aeromexico and Delta continue to believe US regulators will approve their immunised cross-border joint venture by YE2016, and are planning to increase their combined daily flights between the two countries by 43% during the next two years. The joint venture is a major pillar of Aeromexico’s transborder strategy going forward as Delta prepares to exert more influence over Aeromexico’s strategy. Some of Aeromexico’s and Delta’s rivals are lobbying for the two airlines to relinquish more slots at Mexico City Juarez, which could become a factor in the government’s final decision.
In the near term Aeromexico’s outlook is relatively stable, despite continuing challenges from the depreciation of Mexico’s currency. The airline’s revenue generation for the 9M ending Sep-2016 was favourable, driven by increases in yields and load factors.
NOTE: This report was prepared before the DoT issued its decision in the Aeromexico-Delta joint venture
Aeromexico takes a bold stand against Donald Trump as its JV with Delta hangs in the balance
Airlines have largely been mute about the rise of the presumptive US Republican presidential nominee Donald Trump and some of his outlandish proposals, including the proposed wall to be erected on the US-Mexico border, which he believes Mexico – the US’ largest trading partner in Latin America – should pay for.
But Mexico’s largest airline Aeromexico has drawn a line in the sand with a new ad that subtly takes aim at Mr Trump’s proposal. It is a commendable move for Aeromexico, which is attempting to establish a strategic cross-border joint venture with its SkyTeam partner Delta Air Lines, just as Mr Trump proposes to erect borders.
The message of tolerance and of borderless air travel featured in the ad is against a backdrop of the ever-growing US-Mexico air travel market, which is strategic for US and Mexican airlines alike. More than anything, Aeromexico has to make moves to preserve business in one of its most lucrative and strategic markets.