Following a five-year period of turbulence influenced by the global recession, increase in fuel prices and the cease of operation of Mexico’s oldest airline, Mexicana, in 2010, the Mexican aviation market seems to have been recovering well over the last years. Total passenger traffic grew by 13 percent in 2016, while air carriers transported more than 53 million passengers.
Aeroméxico is the nation’s flag carrier, operating on domestic and international routes around North and South America, the Caribbean, Europe and Asia. With its main hub at Mexico City International Airport and secondary hubs at Guadalajara International Airport, Monterrey International Airport and Hermosillo International Airport, the company reported revenue to the value of 2.6 billion U.S. dollars in 2016. Aeroméxico is the largest domestic airline but is competing with three low-cost carriers in terms of market share: Interjet, Volaris and VivaAerobus. Mexican ultra-low cost carrier, Volaris, reported a net profit of about 170 million U.S. dollars in 2016, for example.
The Mexican airport system consists of 101 airports, 52 of them operated by four major airport groups. The Pacific Airport Group (GAP) operates 12 airports in the Pacific region of Mexico. Grupo Aeroportuario Del Centro Norte, known as OMA, operates 13 airports in the central and northern regions of Mexico, while Grupo Aeroportuario del Sureste (ASUR) operates nine airports in the Southeast. Aeropuertos y Servicios Auxiliares (ASA) operates 18 airports all over the country. Mexico City International Airport is the busiest airport in terms of passenger traffic in Mexico, and the second busiest airport in Latin America. In 2016, the airport handled more than 41.7 million passengers.
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