The decision by Mexico’s newly installed government—led by President Andrés Manuel López Obrador—to cancel further construction of its new international airport will cost over MXP100 billion ($5 billion), according to estimates cited by IATA. IATA regional VP-The Americas Peter Cerda described the decision, approved by a public referendum held at the end of October, as “one of the biggest challenges for our industry.” Speaking ...

Subscribe to Access this Entire Article

"IATA: Cancellation of Mexico airport construction to cost over $5 billion " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.