Grupo Aeromexico posted a MXP339 million ($18.6 million) net profit for the third quarter of 2017, down 49% from net income of MXP665 million in 3Q 2016. A combination of factors—increased financing costs associated with leasing of new aircraft, fuel hedging losses and approximately MXP250 million in lost operating income resulting from the Sept. 7 and 19 earthquakes—contributed to the result. The company reported MXP15.9 billion in operating revenue for the quarter, up 10.1% ...

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