Grupo Aeromexico reported a 2016 net profit of MXP1.1 billion ($53.8 million), down 3.9% from MXP1.2 billion net income in2015. 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 Aeromexico’sfull-year revenue increased 14.9% to MXP53.9 billion, while expenses grew 14.7% to MXP50.4 billion. The group’s operating profit for the year totaled ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.

Already registered? here.