The Mexican State Airline, which operates with the Mexican brandhas lost in its start more than 82 million pesosand has not been able to generate the volume of passengers to meet its operating costs, so operation is supported by approved budget resources.
Information obtained by The financial via transparency requests establishes that Mexicana had income of just over 48.2 million pesos in the first quarter, the last record of the parastatal.
How many people have flown with Mexicana?
According to data from the Federal Civil Aviation Agency (AFAC)Mexicana mobilized in the first two months to 28,900 passengers on eight available routes. according to the queries made by El Financiero.
These figures correspond only to flights operated with Mexicana aircraftthat is, with the three aircraft provided by the Army. It should be noted that the state company also rents two more planes from TARan airline with four teams registered with the aeronautical authority.
Mexicana’s operating expenses at the start of 2024 already exceeded 130 million pesos, this according to information obtained via transparency.
According to this year’s Federal Expenditure Budget (PEF), Mexicana would only receive 119 million pesos in subsidies, although its operation will cost 8.34 billion pesos at the end of the year.
In addition, the Government requested, through the Olmeca-Maya-Mexica military business group, 20,871 million pesos for an investment plan that contemplates the acquisition of orabout twenty aircraft for the Mexicana operation. The investment plan, requested before the Treasury, estimates that for this year they are necessary 1,605 million pesos for the acquisition of aircraft.
By 2025, the new administration will have to commit more than 5,815 million pesos; In 2026, the cash flow from the budget will have to exceed 6,615 million pesos; and by 2027, the amount will rise to 6,835 million pesos.
Why did a US company sue Mexicana?
It was in March of this year when it was revealed that the lessor SAT Aero Holdings sued the Mexican State Airline for an initial amount of 838 million dollars in claim of damages before a court in New York.
SAT Aero Holdings was hired by the Secretary of National Defense to provide services that included aircraft acquisition and insurance and the hiring and training of pilots and crew, among others.
According to the complaint filed in the United States, SAT Aero pointed out that under the contract, it was understood that it would buy aircraft for Mexicana, and that the Government would ultimately assume the cost, but in the end Mexicana broke its agreement by not pay more than 5.5 million dollars in deposits so that the firm could lease airplanes.
Days after, the figure claimed by SAT Holdings from Mexicana went to 9 million 999 thousand dollars. “The following case opening statistical information was selected/entered incorrectly: claim in dollars 838,535,804,000; The following corrections have been made to the entry of your case: the demand in dollars has been modified to 9,999,000″, stated in the documentation obtained by The financial.
