Mexicana can occupy Interjet slot: Yúdico

If the plan to create a “new” Mexicana de Aviación is finalized, it will have all the know how to take the place that Interjet airline is leaving due to the financial problems it faces, said Miguel Ángel Yúdico Colín, general secretary of the National Union of Transport, Transformation, Aviation, Services and Similar Workers.

In an interview with MILENIO, Yúdico Colín affirmed that once the business plan to carry out the new airline has been finalized, “without a doubt” there will be entrepreneurs interested in investing and operating it.

“Unfortunately Interjet is currently going bankrupt, those routes that it has will be occupied by foreign airlines and it is not advisable to leave the market to them. The gap that Interjet is leaving can be filled by the new Mexicana de Aviación ”, he said.

He recalled that only in 2010, when it was in the process of seeking capital to rescue Mexicana from bankruptcy, many investors raised their hands, “but there was a blockade of the PAN government” headed by Felipe Calderón Hinojosa at that time.

The labor leader assured that at the time there were more than 10 businessmen interested in the company so that it could operate again; however, the authorities at that time “did not give the go-ahead.”

OPPORTUNITIES AND CHALLENGES

According to the union leader, the government of Andrés Manuel López Obrador is willing to continue with the analysis and create a new Mexicana de Aviación; proof of this, he said, is that a new meeting has already been agreed for January 2021.

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He explained that in the meeting last Wednesday at the Ministry of the Interior – in which Segob itself, the Ministry of Communications and Transport (SCT) and the three unions of Mexicana de Aviación (pilots, flight attendants and ground employees) participated – He put on the table the alternative of renting airplanes in order to operate, since the defunct airline no longer has its own aircraft.

The option is viable because due to the pandemic, the lease has a lower price than in the past.

However, for the academic from the Universidad Panamericana, Fernando Gómez Suárez, the return of Mexicana de Aviación is complicated, since it does not have the essential assets to operate.

During the entire bankruptcy process, the airline sold the last nine aircraft it had, so it has to find new equipment to return to the sector, said the airline industry specialist.

“If there are no resources to pay the debts and lost wages of the employees, I see it more difficult to have capital to revive Mexicana de Aviación,” he said.

Although the academic acknowledged that the federal government meeting has good intentions, he also added that “crystallizing the return of the airline involves various processes and disbursements for debts from previous years.”

CANCEL ALL FLIGHTS

The Interjet airline will not take flight again this 2020, because it canceled all its operations from December 18 to 31.

A worker who requested anonymity informed MILENIO about the airline’s stoppage of operations and explained that this is due to the lack of resources for the purchase of jet fuel.

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Due to the health crisis, since last March Interjet suspended its international routes, so it was only operating within Mexico to destinations such as Los Cabos, Guadalajara, Mexico City and Cancun.

The cancellation of flights began on December 15, which will be 17 days without having a single operation.

Section 15 of the Confederation of Mexican Workers (CTM) has indicated that Interjet owes more than 7 billion pesos in taxes to the federal government, in addition to liabilities of 2 billion pesos for the purchase of fuel (jet fuel).

According to the website of the Mexico City International Airport, the airline’s main center of operations, 18 flights to and from destinations such as Los Cabos, Monterrey, Guadalajara, CdMx, Mérida and Cancun were scheduled for Thursday.

Interjet’s bad streak is not only an opportunity to revive Mexicana but also for the airline Volaris, which, as its CEO, Enrique Beltranena, pointed out in an interview with MILENIO in recent days, is pending the markets left by Interjet to operate them.

KEYS

KEEP RATE

For the second consecutive time, the Banxico Governing Board kept the benchmark interest rate unchanged at 4.25 percent.

FINANCING

The SHCP reported that the financing needs, associated with the resources that the federal government requires to cover its fiscal deficit, amount to 2,312 trillion pesos in 2021, equivalent to 9.3 percent of GDP.

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