Solutions For RealSolutions For Real
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

MONEY HACKS: The One Financial Move That Can Make Hard Times a Little Easier

May 23, 2025

How Young Workers Are Creating a New Opportunity for Unions

May 23, 2025

Klarna Uses an AI Clone of Its CEO to Summarize Earnings

May 23, 2025
Facebook Twitter Instagram
Trending
  • MONEY HACKS: The One Financial Move That Can Make Hard Times a Little Easier
  • How Young Workers Are Creating a New Opportunity for Unions
  • Klarna Uses an AI Clone of Its CEO to Summarize Earnings
  • How Ending Penny Production Affects Consumers and Businesses
  • Entrepreneur+ Subscriber-Only Event | May 28: How This Founder Sold 3 Million Units of His Toy Ball Idea
  • Cutting Through The Noise: Trump’s Chaos Slows Economy
  • Can You Kill New Grass by Using Fertilizer?
  • Divorced, Not Defeated: 5 Flexible Jobs That Put Money Back in Your Hands
Friday, May 23
Facebook Twitter Instagram
Solutions For RealSolutions For Real
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
Solutions For RealSolutions For Real
Home » Fresh Mexico City flight cuts sparks aviation sector backlash
Investing

Fresh Mexico City flight cuts sparks aviation sector backlash

News RoomBy News RoomAugust 31, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

© Reuters. FILE PHOTO: The logo of Mexican airline Aeromexico is pictured on a plane’s tail at the hangars of the airline in the Benito Juarez International airport in Mexico City, Mexico June 28,2022 REUTERS/Luis Cortes/File Photo

By Kylie Madry and Cassandra Garrison

MEXICO CITY (Reuters) -New flight reductions at Mexico City International Airport (AICM) will take effect in November, Mexican President Andres Manuel Lopez Obrador said on Thursday, sparking an outcry from the aviation sector.

The government earlier in the day ordered by decree that the busiest airport in Latin America cut flights to 43 per hour from 52.

The decree requires the reductions to begin in the winter season, which the International Air Transport Association (IATA) defines as the last Sunday of October to the last Saturday of March.

Reuters first reported the planned cuts on Wednesday, citing an internal government document.

Lopez Obrador said in his regular morning press conference that airlines had been consulted about the plan.

Airport authorities met with airline representatives later on Thursday, but did not say how the flight reductions will be distributed among carriers, according to a source with knowledge of the meeting. Instead, airport officials would present the methodology for distributing the cuts in a future meeting, the source added.

“Nothing was reported about the effects on each airline. They only repeated that operations would be reduced as the (decree) already says,” the source said.

A representative for the airport did not immediately respond to a request for comment.

IATA was critical of the government’s “unilateral” decision.

“This decision by the government does not take into account the interests of consumers, nor does it respect the necessary consultative process with operators and users, especially at the country’s main airport,” Peter Cerda, IATA regional vice president, said in a statement.

Mexico’s top three carriers, Aeromexico, Volaris and Viva Aerobus, all also criticized the cuts in separate statements.

“The short notice of this decision will have a negative impact on the travel plans of thousands of passengers, especially given how soon the high season of winter is,” Viva Aerobus said.

Aeromexico said the reductions also would affect workers and the ability to attract new investments, which depend on “legal certainty and adequate air connectivity.”

Volaris called for studies “to guarantee equity and avoid any form of discrimination in the implementation of these measures.”

Some 1,000 flights a week will be slashed by the new measure, national air transportation chamber Canaero said in a statement.

The cuts follow previous flight caps at the airport last year, as the government attempts to reduce saturation in the Mexican capital’s airspace and divert more traffic to the newer, state-run Felipe Angeles International Airport (AIFA).

“Since we have the (AIFA), which does have the capacity, that’s how we’re going to resolve this,” Lopez Obrador said on Thursday.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

MONEY HACKS: The One Financial Move That Can Make Hard Times a Little Easier

Savings May 23, 2025

How Young Workers Are Creating a New Opportunity for Unions

Make Money May 23, 2025

Klarna Uses an AI Clone of Its CEO to Summarize Earnings

Investing May 23, 2025

How Ending Penny Production Affects Consumers and Businesses

Make Money May 23, 2025

Entrepreneur+ Subscriber-Only Event | May 28: How This Founder Sold 3 Million Units of His Toy Ball Idea

Make Money May 23, 2025

Can You Kill New Grass by Using Fertilizer?

Burrow May 22, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

How Young Workers Are Creating a New Opportunity for Unions

May 23, 20250 Views

Klarna Uses an AI Clone of Its CEO to Summarize Earnings

May 23, 20250 Views

How Ending Penny Production Affects Consumers and Businesses

May 23, 20250 Views

Entrepreneur+ Subscriber-Only Event | May 28: How This Founder Sold 3 Million Units of His Toy Ball Idea

May 23, 20250 Views
Don't Miss

Cutting Through The Noise: Trump’s Chaos Slows Economy

By News RoomMay 22, 2025

Economic policy chaos reigns high. This massive jump in uncertainty over tariffs, federal layoffs, the…

Can You Kill New Grass by Using Fertilizer?

May 22, 2025

Divorced, Not Defeated: 5 Flexible Jobs That Put Money Back in Your Hands

May 22, 2025

The Psychological Warfare Hidden Inside Money Saving Apps

May 22, 2025
About Us
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

MONEY HACKS: The One Financial Move That Can Make Hard Times a Little Easier

May 23, 2025

How Young Workers Are Creating a New Opportunity for Unions

May 23, 2025

Klarna Uses an AI Clone of Its CEO to Summarize Earnings

May 23, 2025
Most Popular

American Eagle’s stock takes flight after Wall Street’s biggest bear says its time to stop selling

November 16, 20232 Views

What To Do If Your Kid Won’t Sign A Prenuptial Agreement

March 31, 20251 Views

11 Subscriptions You Might Want to Cancel in 2025

March 31, 20251 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 Solutions For Real. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.