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Monday, June 10, 2019

How Times Changed the AeroMexico Airlines?



AeroMexico is the Mexican flag carrier. The airline is a full-service legacy carrier which operates domestic and international flights to and from Mexico. It has played a crucial role in the development of the countries by providing Aeromexico air ticket booking service among Mexican Cities and between Mexican and other international cities.

AeroMexico began its journey in 1934 when it was founded by Antonio Diaz Lombardo on 15th of September. The 1940s was the World War II period and the airline kept on moving on growth path with support from Pan Am airlines which owned a stake in it. During the decade of 1940, the airline bought out small companies which were useful for its business motives. The next decade of 1950s saw the airline launch the Mexico City to New York route and some replacement of airplanes.

Further, in the 1960s AeroMexico bought Aerovias Guest airlines and merged it with self. Douglas DC-8s were bought and these were used to service the routes in North America and Europe. The 1970s saw beginning of online flight reservations for Canandian passengers. The airline had gained popularity and during this period it got involved in feature films produced in Mexico. 

The decade also saw nationalization of airlines by the Mexican government. AeroMexico also got a new color scheme with use of Orange and Black colors. The 1980s was a period marked with rapid expansion initiatives by the airline. A number of airplanes were bought in this period. The color scheme changed yet again and it was painted with Orange and Silver colors.

The decade beginning 1990 was turbulent. The Gulf war raised the price of aviation fuel which hit the profitability of the airline. At the same time, some new start-up airlines were also operational. This increased competition from new airlines which meant that the fares had to be kept in check. This decade also saw start of the devaluation of the Mexican currency which plunged the country into an economic crisis and adversely affected AeroMexico.

The beginning of next decade from 2000 saw AeroMexico being one of the founding members of SkyTeam alliance. Direct flights to Japan and Mexico City via Tijuana were started during this decade. In the beginning of current decade, the airline signed codeshare agreement with Delta Airlines of United States of America.

 Both these airlines later moved to a greater cooperation level by entering into a Joint Venture agreement and, for this, immunity was granted from antitrust litigations by Department of Transport.

AeroMexico has seen many phases during its history. However, the airline has been successful in not only surviving difficult times but also growing with the time. At present, it operates flights to more than 80 destinations globally with fleet size of just 71 airplanes. 

It has a primary hub at Mexico City International airport and two secondary hubs at Guadalajara and Monterrey International airports. Its global footprint is enhanced by codeshare agreements with 15 other airlines from South America, Europe and Far East Asia. This enables it to enter into new markets of the world.

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