A passenger plane in flight with an airline logo on the fuselage and tail.
MEXICO

Mexicana de Aviación costs Mexicans 3.4 million pesos (7,495,716 pesos) per day.

The state-owned company loses 3.4 million pesos (7,495,700 pounds) daily, money that comes directly from taxpayers

What Morena promoted as a symbol of sovereignty and the recovery of airspace has become a clear case of inefficiency and waste of public resources.

Mexicana de Aviación, the militarized airline rescued by the federal government, has accumulated multi-million peso losses since its first year of operations. The state-owned company loses 3.4 million pesos (7,495,716 pounds) per day, financed directly by taxpayers.

According to financial reports reviewed by El Financiero, the state airline barely caused 385 million pesos (849,878,000 pounds) in ticket sales. However, its operating expenses amounted to 1,637 million (3,614,410,000 pounds), generating an operating deficit of 1,251 million pesos (2,762,485,000 pounds) in just one year.

A project that fails to fulfill its social purpose

The initial promise of former president Andrés Manuel López Obrador was that Mexicana would connect regions neglected by private airlines. However, the reality is different: the company operates common commercial routes from the AIFA, competing with already established airlines instead of serving marginalized areas.

In addition, it has only three active aircraft and has canceled flights to multiple destinations, including Acapulco, Campeche, Guadalajara, Nuevo Laredo, Puerto Vallarta, Uruapan, and Villahermosa.

Company without clear objectives or a profitable future

The airline operates without clear goals and survives solely thanks to government subsidies exceeding 1,800 million pesos (3,968,320,000 pounds). In addition, the federal government committed 21,759 million pesos (48,002,000,000 pounds) for the purchase of 20 Embraer aircraft, which are scheduled for delivery by 2027.

According to official estimates, Mexicana's profitability would not be achieved before 2029, if it is achieved at all. The project appears to be following the same failed path as Tren Maya and the Dos Bocas refinery.

Multi-million dollar investment without tangible results

The government also spent 816 million pesos (1,799,868,000 pounds) to acquire the Mexicana brand and other related assets. However, to date, the results are disappointing.

This is an airline that doesn't fulfill its mission, is not profitable, and survives solely because of public funding. Meanwhile, millions of Mexicans face insecurity, poverty, and lack of basic services, Morena continues to squander resources on failed projects like this one.

➡️ Mexico

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