Reduction of flights in AICM will be official in 2024 – El Sol de México

The reduction of flights at the Mexico City International Airport (AICM) to avoid a saturation of operations will take effect until the first months of next year.

Sources consulted by El Sol de México confirmed that the decision was made after establishing a series of negotiations with the industry, where the consequences of this decision were also exposed.

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The main problem, said a source who requested anonymity, would be a drop in revenue for airlines that already had flights sold for the last quarter of the year, as well as for AICM itself.

Originally, the federal government proposed to cut the maximum number of operations allowed at the airport from 52 to 43 per hour, a measure that would take effect at the end of October.

Yesterday, the rating agency Fitch Ratings warned that this may also exacerbate the risk of refinancing the issuer’s bonds due in 2026 and 2028 for a total amount of 1.4 billion dollars.

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The source consulted added that the postponement in the reduction of flights will be made official through a new decree that will be published in the Official Gazette of the Federation (DOF).

2023-09-06 19:38:05
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