Grupo Aeroméxico incurred a net loss of MXP89 million ($6.9 million) in the second quarter, reversed from a net profit of MXP322 million in the 2013 June quarter. Mexico’s largest airline operator noted the “Mexican economy continued to have a weak performance.” Grupo Aeroméxico, parent of mainline Aeroméxico and regional Aeroméxico Connect, also pointed out the Mexican peso depreciated 4% relative to the US dollar during the second quarter and ...

Subscribe to Access this Entire Article

"Grupo Aeroméxico sinks to $7 million 2Q net loss" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.