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B738 XA-AMA AEROMEXICO

Banamex Sold About Half Its Stake in Aeromexico

February 16, 2013 by feryomaha

Aeromexico said in a filing with the Mexican Stock Exchange on Tuesday that a group of local businessmen, led by Eduardo Tricio Haro, president of Mexico’s Grupo Lala, had bought a 20.19 percent stake in the airline, boosting an existing stake. Tricio now controls 20 percent of voting stock in the company through his personal holdings and agreements with other shareholders, Aeromexico said. Grupo Lala, which is privately held and has not released financial information, is believed to be among […]

Categories: Airlines • Tags: Aeromexico, Banamex, Citi

AEROMEXICO-volando1

Grupo Aeromexico Releases Results for the 4Q and Full Year 2012

February 12, 2013 by feryomaha

Grupo Aeromexico S.A.B. De C.V., the largest intercontinental airline in Mexico, today reported consolidated unaudited results for the fourth quarter and full year 2012. Net income during the fourth quarter 2012 was MXP $612 million; an increase as compared to the MXP $294 million net income reported for the same period in 2011. Full year net income was MXP $1,323 million despite record-high fuel prices and the negative impact of a 5.8% exchange rate depreciation. Fourth quarter operating profit before other non-operating revenues and expenses was […]

Categories: Airlines • Tags: Aeromexico, Profits

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flypluz by Fernando Yomaha is licensed under a Creative Commons Attribution 3.0 Unported License.
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