Grupo Aeromexico, S.A.B. de C.V. Releases Results for the Second Quarter 2013
MEXICO CITY, July 23, 2013 /PRNewswire/ -- Grupo Aeromexico, S.A.B. de C.V. (AEROMEX.MX), the largest global airline in Mexico, today reported its unaudited consolidated results for the second quarter 2013. Highlights:
Excess baggage: MXN82 million (USD6.5 million), +17%
Fuel: MXN2879 million (USD229.5 million), -11.9%
Labour: MXN2067 million (USD164.8 million), +4.3%
AM retired five aircraft from its fleet in the second quarter 2013, including four 145s and one 762 (XA-TOJ), all under lease agreements. The Company also added two 175s aircraft to its fleet under operating lease. AM's operative fleet consisted of 112 aircraft as of June 30, 2013.
AM's On-Time Departure Performance for the January-June 2013 period reached 91.5%, representing a 10.8 percentage point improvement as compared to the same timeframe last year.
AM strategy is in the right direction and has performed well, even better than some LCC in the country. The airline will receive the first Dream)Liner next month, so the outlook of the company remains positive.