The news this week that Aeromexico has ordered 12 new Boeing 737 Max aircraft provided another shot in the arm for Mexico’s aviation sector,
buoyed by sustained recovery throughout the spring and early summer months, driven mostly by tourists returning in significant numbers to the nation’s holiday hotspots.
Aeromexico appeared to have reached a low point in May, 2020, when it was forced to mothball a large part of its fleet and file for Chapter 11 bankruptcy. Conversely, that was a stroke of fortune for the country’s two leading low-cost airlines, Volaris and Viva Aerobus, which took advantage of the situation – helped by the demise of their competitor Interjet (which ceased operations in December, 2020) – to increase their market share and thus ride out the worst of the economic downturn.
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