Grupo Aeroméxico recorded a consolidated net profit of MXP185 million ($12.1 million) for the 2015 first quarter, swinging into the black from MXP91 million in net losses the airline reported in the 2014 March quarter. It is the third consecutive quarter in which the Mexico City-based airline has recorded profitable net income. Revenues were up 9.2% year-over-year (YOY) to MXP10.68 billion despite an 11% YOY increase in CASK ex-fuel to MXP0.813. Operating costs dropped 0.8% YOY to ...

Subscribe to Access this Entire Article

"Grupo Aeroméxico swings to $12 million 1Q net profit" 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?

Already registered? here.