Aeroméxico posts record revenues but profits slump

Grupo Aeroméxico has reported 2012 net income of MXP1.3 billion ($103.9 million), down 25.3% from the previous year despite a 10.5% increase in revenues to a record MXP39.5 billion. Operating expenses rose 15.5% to MXP37 billion, mainly due to a 6% increase in the number of operations, a 10.2%...

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