Volaris lost US$89 million on the Mexican Stock Exchange
MEXICO – Volaris shares fell by 4.28% on the Mexican Stock Exchange (BMV), losing US$89 million in market capitalization value….
SCT requests report on air space redesign
MEXICO – Deputies asked the Federal Civil Aviation Agency (AFAC), the Ministry of Communications and Transportation (SCT) and the Mexican…
International Civil Aviation Organization (ICAO) to conduct audit in December
MEXICO – Next December, the International Civil Aviation Organization (ICAO) will conduct its Universal Security Review Audit (USOAP) in Mexico,…
KLM announces Amsterdam-Cancun route
MEXICO – KLM Airlines announced that it will offer a new flight between Amsterdam and Cancun starting October of this…
AFAC commits to recover Category 1
MEXICO – The Federal Civil Aviation Agency (AFAC) is committed to complying with the International Civil Aviation Organization (ICAO) rules…
FAA downgrading would impact Mexico’s tourism sector
MEXICO – The decision by the U.S. Federal Aviation Administration (FAA) to downgrade Mexico’s air safety rating will have a…
Mexico’s economy grew by 0.8% in the 1st quarter of 2021
MEXICO – Mexico’s economy registered a growth of 0.8% during the first three months of the year, with seasonally adjusted…
Airline companies lost US$575 million on the Mexican Stock Exchange
MEXICO – Due to the Federal Aviation Administration’s (FAA) downgrading Mexico’s air safety rating, Airline companies lost US$575 million in…
Guanajuato Puerto Interior has accumulated an investment of US$5 billion
SILAO – Guanajuato Puerto Interior, has accumulated an investment of US$5 billion and the attraction of foreign companies that currently…
U.S. Federal Aviation Administration downgrades Mexico’s aviation security
25 May, 2021MEXICO – The Federal Aviation Administration (FAA) downgraded Mexico’s aviation safety from Category 1 to Level 2. According to an…
Mexico joins the top 10 for FDI attraction in 2020
25 May, 2021MEXICO – Mexico joined the ranking of the 10 countries with the highest inflows of Foreign Direct Investment (FDI) in…
Audi Mexico recycles more than 30,000 tons of waste
25 May, 2021PUEBLA – The Audi factory in Mexico will incorporate actions under its Mission:Zero strategy with the efficient use of resources,…
Mexico acquires 50% of Houston’s Deer Park
24 May, 2021HOUSTON – President Andres Manuel Lopez Obrador announced that Pemex has closed the purchase of the Deer Park refinery in…
Mayco International invests US$18.6 million in San Luis Potosi
24 May, 2021SAN LUIS POTOSI – Mayco International announced the expansion of its plant in the WTC Industrial Logistics Park, with an…
Favorable Dynamics are Driving a Healthy U.S. Aftermarket
24 May, 2021GlobalAutoIndustry.com’s latest Audio Interview “Favorable Dynamics are Driving a Healthy U.S. Aftermarket” features Bill Hanvey. Mr. Hanvey is president and…
Next.e.GO Mobile to build electric car plant in Mexico
21 May, 2021MEXICO – Next.e.GO Mobile, a German manufacturer of electric vehicles and sustainable mobility systems, announced that it will build an…
Mexico to build first battery plant for electric cars in 2021
21 May, 2021MEXICO – According to Tatiana Clouthier, minister of Economy, Mexico is about to start its first project to produce batteries…
Mexico’s Foreign Direct Investment reached record high in Q1
21 May, 2021MEXICO – The Ministry of Economy reported that Foreign Direct Investment (FDI) increased to US$11.8 billion during the first quarter…
UN to assist in the sale of the presidential plane
20 May, 2021MEXICO – The United Nations operational agency, which is called the United Nations Office for Project Services (UNOPS), plans to…
Half of Mexico’s air fleet operated by low-cost carriers
20 May, 2021MEXICO – The readjustment of the airline industry in Mexico due to the pandemic has led low-cost airlines to concentrate…
