Report Title¶

Key Players in the Airlines Industry in Mexico.

Key Players Table¶

Detailed profile	Relevant context information	Estimates of volumes	Estimates of revenue
Volaris - An ultra-low-cost carrier operating in Mexico, the United States, Central, and South America. Known for offering low fares and a point-to-point network.	Volaris aims to build its market by providing quality service and a wide customer offering, with ancillary services representing a significant portion of revenue. The airline has been impacted by Pratt & Whitney engine inspection issues, leading to aircraft on the ground. They are adjusting their delivery schedule with Airbus. For 2025, they plan a capacity expansion of approximately 13%, with about 40% allocated to the international market.	Transported 26,831,341 total passengers in 2024, including domestic and international flights. Carried 20,484,939 domestic passengers in 2024, with a 33.3% market share.	Reported $3,142 million in total operating revenue for the full year 2024. Total operating revenue in 4Q 2024 was $835 million. Reported a net income of $126 million for the full year 2024.
Viva Aerobus - An ultra-low-cost carrier in Mexico. Focuses on a resilient and flexible business model.	Recognized for its strong workplace culture. Like Volaris, Viva Aerobus has been affected by Pratt & Whitney engine issues, which have impacted utilization levels, operational efficiency, and unit costs. They are mitigating these impacts by extending aircraft leases and receiving new deliveries. Reported a 10.0% increase in passengers in 2Q 2024. Ancillary revenues represent a significant portion of their total income.	Transported 26,134,302 total passengers in 2024, showing an 11.5% growth. Led the domestic market in 2024 with 23,406,799 passengers and a 38.0% market share.	Total operating revenue for 2Q 2024 was $612 million, a 34.3% increase year-over-year. Total operating revenue for 3Q 2024 was $665 million, a 16.4% increase. Reported a net income of $70 million in 3Q 2024.
Grupo Aeroméxico - Mexico's global airline and the only full-service Mexican carrier. Operates domestic and international routes, as well as cargo services.	Aeroméxico has a strategic alliance with Delta Air Lines and is a member of the SkyTeam alliance, enhancing its global connectivity. The airline is preparing for a secondary public offering in Mexico and the US. Aeroméxico was recognized as the world's most punctual airline in 2024 by Cirium. They are expanding their fleet with a focus on Boeing aircraft. Faces challenges like fuel price volatility and airport restrictions.	Transported 25,059,181 total passengers in 2024, a 2.2% increase. Ranked third in the domestic market in 2024 with 16,951,483 passengers and a 27.5% market share. Led Mexican airlines in international passenger flow in 2024.	Reported sales of $1,391.85 million in 2Q 2024 and $2,694.87 million in the first six months of 2024. Reported an 18% increase in revenue during the first nine months of 2024.
American Airlines - A major US airline with a significant presence in the Mexico-United States market.	American Airlines offers the most flights and seats between the United States and Mexico compared to other US airlines. They are expanding their network in Mexico, adding new destinations. Holds the largest market share among US airlines on US-Mexico routes.	Transported a significant number of passengers between the US and Mexico, leading US carriers with 13.7 million travelers in conjunction with United Airlines in 2024. Holds a 25% market share on routes between Mexico and the United States.	Financial results for American Airlines are not specifically broken down for the Mexico market in the provided sources.
United Airlines - A major US airline operating routes to and from Mexico.	A significant player in the Mexico-United States international market.	Transported a significant number of passengers between the US and Mexico, with American Airlines, totaling 13.7 million travelers in 2024. Holds a 15% market share on routes between Mexico and the United States.	Financial results for United Airlines are not specifically broken down for the Mexico market in the provided sources.
Delta Air Lines - A major US airline with operations connecting Mexico and the United States.	Has a strategic alliance with Aeroméxico. A notable carrier in the international market between Mexico and the US.	A key participant in the passenger flow between Mexico and the United States. Holds a 10% market share on routes between Mexico and the United States.	Financial results for Delta Air Lines are not specifically broken down for the Mexico market in the provided sources.
LATAM Airlines - A major airline group in Latin America with operations including routes to Mexico.	Reported strong financial results and passenger growth across its network in 2024. Focused on sustainability initiatives. Successfully returned to the NYSE in 2024 and refinanced debt.	Transported 82 million passengers across its entire network in 2024.	Reported $13,034 million in total operational revenue for the full year 2024, a 10.6% increase from 2023. Reported net income of $977 million in 2024.
Southwest Airlines - A major US low-cost carrier with some presence on routes between the United States and Mexico.	One of the main low-cost companies in the United States. Has a smaller market share compared to other major US airlines on US-Mexico routes.	Covers 6% of the market between the United States and Mexico.	Financial results for Southwest Airlines are not specifically broken down for the Mexico market in the provided sources.
Mexicana de Aviación - A state-owned airline operated by the Secretariat of National Defense.	Relaunched operations. Has faced challenges and suspended several domestic routes. The airline is undergoing a restructuring process.	Transported 256 thousand passengers on domestic flights in 2024, representing a 0.46% market share.	Financial results for Mexicana de Aviación are not available in the provided sources, but it is reported to be operating with losses.
Copa Airlines - An airline based in Panama that operates flights to and from Mexico.	Nominated for "Mexico & Central America's Leading Airline Brand" in 2025 and won the award in previous years. Connects Mexico with other destinations through its hub in Panama.	Specific passenger volumes for Mexico routes are not available in the provided sources.	Financial results for Copa Airlines specifically for the Mexico market are not available in the provided sources.

References¶

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Aeroméxico, la aerolínea más confiable de 2024, según Cirium - Yahoo Finanzas. https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqAJC8HI5whHhOiF9WVB4J3yiCc0glsGcau7A3il62FbF1JnJk68A7lVi3BKhBlnXSDdTuw4FGyBYdNVJHBcZQyl7RMjxdPvwKe35ErYMyExSGf4uxrGWUYwDfJpK47HDKc2gSRQHCxBIvPe4acvKS01me0fRo0DmTmQ22cTNM3LpU7FnB4tAs28-VUECXgQCHP3Nx-bD_S5zpKWXiiZ7M1KP3Gg=
Viva Aerobus gana más pasajeros que Aeroméxico y Volaris en 2023 - Forbes México. https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqAKhLi877wEUQe6m-6WRqzyoBUB6QqduTDvUEOzU3vujYY_DRBTU1Jd8v531WNlYZwvPB22S2jFOq0b48eFLpojDZ2XnyhpMLAFngCtU6dDF7vdZ71kgac6S33CKN6r1aImQ0GpHLMduckfjLwRgnKfVglXmmbpQ67Cyh3F7c7UdepL5b1fXgKznHpZIZQ==
Aeroméxico espera "condiciones" para volver a cotizar en Bolsa - Yahoo Finanzas. https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqAKXPVhOhPnUtu87GuKzu3aYqywctbP3qBMgGSxlc1L94Oq7kVkNYJvG9mNFsTvH6w-wfy2MfKpISVJYABqoCjkL-RlDdS6jHSDmTg1aemVZJxy8QjYTt7gsdEp04jMuHveAphYiwYYjRyseesESBxRJ3XuA1NOysAA8bvgU5Eg9_OIbfwRfZf12bv2iHSandgnzJZISrTcyorVaCyse0kU=
Cuenta de resultados Grupo Aeromexico (AEROMEX) - Investing.com. https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqAIxvaRCRTJOFV2RRlxkrUmiW3VV_qX3WmPpcwQD5YCPPrcERKXEM2EHXhPF07x6nmwwL6ApGa9J1LiqtxMXD0_jOg8gfwwHfjAKFlnw0vtoZZNsP7zuQzoePcihEsBMo4p9MLFAXbLLF_o9Z1pZSGBiNh4=