Saludos SI, espero la puedas subir.
ATW Daily News
Mexicana targets growth despite short-term challenges
Monday November 16, 2009
Mexicana is pursuing plans to renew its long-haul fleet and is continuing talks with both Airbus and Boeing for six A350s or 787s, Grupo Mexicana CEO Manuel Bora told ATWOnline last week in Mexico City, although he does not expect the carrier to turn a profit this year.
Mexicana, which formally joined oneworld last week (ATWOnline, Nov. 10), indicated interest in both new aircraft types in the past. "We will make a decision in 2010," Borja said. Since any delivery of new long-haul aircraft will not occur before 2015, MX is looking at interim replacements, most likely A330s, for its two 767-300ERs that come off lease at the end of 2010. Its long-haul fleet currently comprises the two 767-300ERs, two -200ERs and two A330-200s. The latter will receive new fully flat business class seats next year, Senior VP-Customer Service and Corporate Communications Adolfo Crespo said.
MX will not launch new long-haul routes next year, Borja said, adding that 2010 "will be a year of consolidation, after implementing a strategy of transformation." This year the company launched MexicanaLink to operate on lower-density routes out of Guadalajara and plans to be using 13 CRJ200s by year end (ATWOnline, Feb. 6). It also signed a contract for 25 717s to replace F100s at MexicanaClick and launched long-haul service to London Gatwick in January and Madrid in February.
Its busy year included the introduction of new A330s, the transfer to Amadeus Altea (Altea Res in June and Altea DCS in October) and its oneworld membership. In terms of ASKs, 2010 capacity will be at 2009 levels, which are just 0.8% lower than 2008.
"We have become the largest airline in Mexico in term of ASKs [overtaking Aeromexico]," Borja said. "We were already in terms of passengers carried since 2005." Passenger numbers are expected to be around 11.5 million for the full year, down just slightly from 11.7 million in 2008 despite the H1N1 influenza outbreak and the economic downturn.
"We will be in the red this year owing to H1N1 and the crisis," Borja lamented. The group was close to breakeven last year, with a $5 million loss on revenue of about $2 billion. "We expect to break even or even make a profit next year," he predicted, noting that the company could seek an initial public offering in the future. "We are not working on it now and of course it will depend on our profitability, but yes an IPO is within our medium-term objectives."
Mexicana, which formally joined oneworld last week (ATWOnline, Nov. 10), indicated interest in both new aircraft types in the past. "We will make a decision in 2010," Borja said. Since any delivery of new long-haul aircraft will not occur before 2015, MX is looking at interim replacements, most likely A330s, for its two 767-300ERs that come off lease at the end of 2010. Its long-haul fleet currently comprises the two 767-300ERs, two -200ERs and two A330-200s. The latter will receive new fully flat business class seats next year, Senior VP-Customer Service and Corporate Communications Adolfo Crespo said.
MX will not launch new long-haul routes next year, Borja said, adding that 2010 "will be a year of consolidation, after implementing a strategy of transformation." This year the company launched MexicanaLink to operate on lower-density routes out of Guadalajara and plans to be using 13 CRJ200s by year end (ATWOnline, Feb. 6). It also signed a contract for 25 717s to replace F100s at MexicanaClick and launched long-haul service to London Gatwick in January and Madrid in February.
Its busy year included the introduction of new A330s, the transfer to Amadeus Altea (Altea Res in June and Altea DCS in October) and its oneworld membership. In terms of ASKs, 2010 capacity will be at 2009 levels, which are just 0.8% lower than 2008.
"We have become the largest airline in Mexico in term of ASKs [overtaking Aeromexico]," Borja said. "We were already in terms of passengers carried since 2005." Passenger numbers are expected to be around 11.5 million for the full year, down just slightly from 11.7 million in 2008 despite the H1N1 influenza outbreak and the economic downturn.
"We will be in the red this year owing to H1N1 and the crisis," Borja lamented. The group was close to breakeven last year, with a $5 million loss on revenue of about $2 billion. "We expect to break even or even make a profit next year," he predicted, noting that the company could seek an initial public offering in the future. "We are not working on it now and of course it will depend on our profitability, but yes an IPO is within our medium-term objectives."
by Cathy Buyck
