SFOMEX
Topic Author
Posts: 1602
Joined: Sat Dec 04, 2004 8:55 am

Aeromexico Starts Franchise System.

Wed Mar 30, 2005 8:31 am

AM has started to promote his franchise system to commercialize its products and services.

According to its Marketing Director, they are planning to sell 45 franchises this year alone and 55 during the 2006. The cost of the franchise itself goes from $20,000 to $50,000 dollars, with a total inversion between $100,000 to $150,000 dollars.

According to Mr. Fernández, the utility margin is around 12 to 21%, recovering your investment in 48 months.

Source in Spanish: http://estadis.eluniversal.com.mx/notas/274907.html

Any taker?
The only thing worst than the GOP is the Democratic Party, think about it!
 
LatinPlane
Posts: 2474
Joined: Mon Dec 27, 1999 11:05 am

RE: Aeromexico Starts Franchise System.

Wed Mar 30, 2005 9:13 am

really dumb question, but, what are they going to sell?

 Smile LatinPlane
Pan Am - The World's Most Experienced Airline.
 
navega
Posts: 467
Joined: Tue Nov 02, 1999 10:58 pm

RE: Aeromexico Starts Franchise System.

Wed Mar 30, 2005 10:26 am

Mexicana has been doing this for over a year now. Nothing
new. They are selling franchise ticket offices.
 
rojo
Posts: 2257
Joined: Tue Sep 05, 2000 6:08 am

RE: Aeromexico Starts Franchise System.

Wed Mar 30, 2005 11:12 am

Ok, I thought Travel Agencies were a certain kind of Airline ticket franchise. Not long ago travel agencies in Mexico used to have AM and MX ticket stock which did not operate through the BSP clearing system, but through AM and MX clearing system. If you get an AM franchise, then AM has to pay certain fee for every ticket sold, then what is the purpose of reducing the fees to travel agencies? And saying that AM wants travel agencies to sell only AM tickets will not be a good reason.
Are AM management team stupid??

...I guess they are!

Give the position of Airline CEO to an ex TV CFO and you'll get brilliant ideas!!