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AeroMexico's N- Regs  
User currently offlineWoodsboy From United States of America, joined Mar 2000, 1031 posts, RR: 2
Posted (7 years 4 months 22 hours ago) and read 1284 times:

Okay, I might be an idiot but I have been on A-net for about 10 years and I havent ever seen this question answered. Is AeroMexico owned by an American company? Their aircraft are all registered with N-XXXX regs so I guess they are. Could could someone give me a quick background on this?
Thanks!
Chris

5 replies: All unread, jump to last
 
User currently offlineJuventus From United States of America, joined Dec 2004, 2835 posts, RR: 2
Reply 1, posted (7 years 4 months 22 hours ago) and read 1252 times:

Aeromexico is not owned by an American company. The N numbers have to do with leases. AM is Mexican owned, and its up for sale, and will most likely end up in Mexican hands. Correct me if I'm wrong, but If a foreing company were to get a piece of AM, they are limited to 25%.

User currently offlineMPDPilot From United States of America, joined Jul 2006, 1005 posts, RR: 0
Reply 2, posted (7 years 4 months 22 hours ago) and read 1249 times:

The airplanes are owned by a US company and leased to Aeromexico.


One mile of highway gets you one mile, one mile of runway gets you anywhere.
User currently offlineMX77W From Mexico, joined Apr 2007, 115 posts, RR: 0
Reply 3, posted (7 years 4 months 21 hours ago) and read 1245 times:

Quoting Juventus (Reply 1):
Aeromexico is not owned by an American company. The N numbers have to do with leases. AM is Mexican owned, and its up for sale, and will most likely end up in Mexican hands. Correct me if I'm wrong, but If a foreing company were to get a piece of AM, they are limited to 25%.

Doesn't Mexican Law allow for up to 49% foreign stake in a national company? May be some of our well experienced members can clear the air. Also, I had heard that they used to register the airplanes in other nations (AM also has some registrations with EI- and MX has F-) due to the fact that Mexican registrations were impossibly expensive to pay... of course I could be totally wrong so I'll wait for someone to correct me.

Regards,

MX 77W



When Will MX Fly to Europe??? I guess '09 is the year!!!
User currently offlineGhost77 From Mexico, joined Mar 2000, 5238 posts, RR: 51
Reply 4, posted (7 years 4 months 17 hours ago) and read 1174 times:

Quoting MX77W (Reply 3):
Doesn't Mexican Law allow for up to 49% foreign stake in a national company?

Its 25% foreign partnership versus 75% but they can do have 49% in voting shares stocks.

Quoting MX77W (Reply 3):
due to the fact that Mexican registrations were impossibly expensive to pay... of course I could be totally wrong so I'll wait for someone to correct me.

It isn't impossible to pay, it has to do with the fact that their leased aircraft and lessors register them were its cheaper... that is, the US or Ireland famous for the EI- reg's...

Also our law allowed this! Some Latin countries don't allowed this, such as Argentina or Brazil... some more like Mexico are Colombia, Venezuela... etc.

g77



Ricardo Morales - flyAPM - ¡No es que maneje rapido, solo estoy volando lento!
User currently offlineFLY2HMO From , joined Dec 1969, posts, RR:
Reply 5, posted (7 years 4 months 17 hours ago) and read 1162 times:

Quoting Woodsboy (Thread starter):
Their aircraft are all registered with N-XXXX

Uhm, no, not even close. I.E. the 70% of the 73G fleet has XA- prefix, the rest are N or EI, the 757s and T7s are all N IIRC.

That's just a guesstimate, but I'm sure somebody has all the regos for their fleet.

Not even US airlines have exclusively N numbers, you'll find occasional foreign registered US-flown planes.


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