Grupo Aeromexico reported a net loss for 2018 of MXP1.9 billion ($98.6 million), reversed from a MXP18 million net income a year earlier. Headwinds faced by the Mexico City-based carrier in 2018 included a 35.6% year-over-year (YOY) increase in fuel costs and a 4.8% annual inflation rate. The airline’s full-year revenue rose 14.3% to MXP70.3 billion, compared to MXP61.5 billion in 2017, reflecting gains in passenger, ancillary and cargo revenue. Expenses for the year were up 23.5% ...

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