Grupo Aeroméxico incurs 1Q net loss of $9.9 million

Credit: By Rob Finlayson
Grupo Aeroméxico has reported a first-quarter net loss of MXN122 million ($9.9 million), reversed from a net profit of MXN$135 million last year. Revenues increased 0.4% to MXN9.17 billion despite a 3% decrease in CASKs excluding fuel to MXN0.76. Operating expenses grew 2.3% to MXN8.98 billion and...

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