Hi everyone. I am new to the website. I am definitely not an expert in the airline industry but I do find the topic fascinating and I want to learn about it. You might find my message a bit annoying since I basically have questions rather than answers, but I appreciate your patience and I hope someone can enlighten me.
I did not give much thought to the news that MX
had terminated their code share agreement at first; now, however, I think it has a very profound significance because it can mean many things. Reading your messages has been awesome because I have learnt so much. I do know very little about airlines and the industry in general but here is my take on this.
I remember AA
was close to buying MX
before 09/11. I do not discard AA
has renewed interest (although I am not sure if AA
's financial condition allows it to buy an airline right now) but there is something we need to remember. There are foreing investment restrictions for the ownership of airline companies in Mexico and AA
would have to partner up with Mexican investors if it wants to buy Mexicana. Someone suggested Mr. Slim might be a suitor... I guess it's possible. Nevertheless (sorry to be pessimistic), now is not the right time to sell MX
or CINTRA. The company's net worth and market capitalization are extremely low and if the government waits until the global economy improves, it can extract a higher price (besides, let's be honest, if the government wanted to sell one or the two airlines, everybody would know by now... Fox's team is very incompetent and every single piece of sensitive information always finds a way to get to the press or the opposition).
The government, as main shareholder of CINTRA, has always wanted to merge AM
. However, our competition regulator is very independent from the government (which I applaud) and has blocked these plans repeatedly. If the move is a first step to a merger, something really huge must have happened that made the Comisión Federal de Competencia change its mind (I would be more worried about CFC than about unions). For one, I would prefer Mexico to have two strong, separate carriers rather than one (lower fares=consumer surplus, more competition=consumer satisfaction, etc.). Besides, AM
have negative bottom lines and you never get anything good from merging two unhealthy companies. And think about it, under the current circumstances, forming a single airline with a half-Boeing, half-Airbus lineup doesn't sound too wise to me (although, again, I am not an expert and I may very well be wrong). Another issue: a combined AM
/MX might need to drop a lot of domestic and some international routes (ORD
comes to mind).
I do believe too that UA
more than the other way around. oneworld would love to lure MX
into its fold because the U.S.-Mex market is very important. This can simply be a reflection that oneworld offered a sweet deal to MX
and convinced it to switch alliances (and no merger/sale is in the works). Could it be?
Those are my contributions to the discussion. I do have questions, questions, questions... lots of them. Please skip the rest of the message if you don't care. If you are so kind as to satisfy my curiosity, please read ahead.
What aircraft does MX
fly in its EZE
route? A Boeing 767? Does MX
have Boeing airplanes (specifically 767's)? A friend told me MX
had stopped serving the EZE
route but I do not think so. Any news on this?
Is there a MX
flight to SCL
? I am not crazy, I swear I saw in the Mexicana homepage a EZE
), Mexico">MEX route.
really going to fly to LHR
? Which aircraft will it use? Someone also suggests new MX
routes like HNL
among others. But the one that I found the most unbelievable was MUC
. What gives?
Someone said US could be in talks with MX
regarding a code share agreement? I would think that MX
would be shooting itself on the foot if it left *A because of that. I mean, why would MX
be interested in Charlotte and Philadelphia? Isn't US a subsidiary of UA
, by the way?
Someone suggested AM
will leave SkyTeam soon too. That was to me one of the most outrageous claims in the discussion. Could someone tell me the rationale behind that?
What is AM
waiting to replace its DC-9's? I know it is swimming in red ink, but DC-9's are very inefficient and polluting so replacing them with 737's or Airbuses can translate into lower costs for the future, right?
What do you think of Azteca and AVIACSA. I flew to GDL
and back with AVIACSA and the departing flight was a nightmare. The returning flight was exceptionally good, though. Do you think there is room in the long term for a third and maybe a fourth profitable, quality airline in Mexico?
One closing comment, while I was away studying in Chicago, I brought 2 Brazilians, a German and an Austrian to Mexico City via Mexicana for our spring holidays. The on-line purchase experience was really bad (although the fare was fantastic) and my friends were expecting a third-world airline. After we came back to Chicago, they unanimously agreed that their expectations had been exceeded and that they thought MX
was a very friendly and world-class airline, and were very happy to know that the 727 that brought us to GDL
(we flew via GDL
because of the lower fare) was going to be retired from service in a matter of weeks. I hope, like all of you, this is a strategic move that will help MX
become a major player in the airline industry, whether or not the separation from *A is a prelude to a sale, merger or change of image. Thank you all and look forward to your messages. email@example.com