Things haven’t gotten better in Mexico. Although Aeroméxico is at least coping better than its domestic competitors, all of which posted negative first-quarter margins in the double-digits. To make matters worse, construction of Mexico City’s much-needed new airport might be suspended as soon as July. North of the border, Delta and Southwest are seeing more cost pressures in the second quarter.
Lastly, America is getting a new airline called Moxy. Adding to the excitement is that the man behind the project, David Neeleman, is known for inventive business models such as JetBlue and Brazil’s Azul. Sure enough, from what we know, Moxy appears to have some unique qualities.
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