Aeromexico 3Q profit halves on leasing, fuel costs, earthquake impact
Credit: Aeromexico
Grupo Aeromexico posted a MXP339 million ($18.6 million) net profit for the third quarter of 2017, down 49% from net income of MXP665 million in 3Q 2016. A combination of factors—increased financing costs associated with leasing of new aircraft, fuel hedging losses and approximately MXP250 million...
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