Grupo Aeromexico posts $54 million net profit for 2016

Credit: Rob Finlayson
Grupo Aeromexico reported a 2016 net profit of MXP1.1 billion ($53.8 million), down 3.9% from MXP1.2 billion net income in 2015. The company said the year’s financial results reflected the negative impact of Mexican peso depreciation against the US dollar, combined with increased fuel prices. Grupo...

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