Grupo Aeromexico reported a MXP258 million ($13.8 million) net loss in the 2017 first quarter, reversed from a MXP161 million net profit in the year-ago quarter. The company said the 1Q financial results reflected the negative impact of a 64.4% increase in fuel prices year-over-year (YOY), combined with a 12.5% depreciation of the Mexican peso against the US dollar. On March 10, Atlanta-based Delta Air Lines purchased an additional 32% of Grupo Aeromexico’s outstanding ...

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