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Aeromexico obtains court approval on aircraft fleet transactions


Aeromexico obtains court approval on aircraft fleet transactions
May 1, 2021
Aeromexico to add four 787-9 Dreamliner aircraft to its fleet
United States Bankruptcy Court for the Southern District of New York has approved Aeromexico’s entry into the Transactions
Grupo Aeroméxico, S.A.B. de C.V. announces that following the information disclosed on April 23, 2021, regarding Aeromexico’s agreement to increase its fleet with twenty-four (24) new Boeing 737 MAX aircraft, including B737-8 and B737-9 MAX and four (4) 787-9 Dreamliner aircraft as part of its restructured agreements with the manufacturer and certain lessors and Aeromexico‘s related agreements with other suppliers and financial entities and collectively, the Company informs that the United States Bankruptcy Court for the Southern District of New York, presiding over Aeromexico’s Chapter 11 voluntary financial restructuring process, has approved Aeromexico’s entry into the Transactions. ....

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Aeromexico Reports February 2021 Traffic Results


Aeromexico Reports February 2021 Traffic Results
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MEXICO CITY, March 5, 2021 /PRNewswire/ Grupo Aeromexico S.A.B. de C.V. ( Aeromexico ) (BMV: AEROMEX) today reported February 2021 operational results.
Grupo Aeromexico transported 898 thousand passengers in February 2021, a 39.7% year-on-year decrease. Passengers carried were at 60.3% of February 2020 levels - domestic at 75.1% and international at 30.9%.
 
Aeromexico s capacity, measured in Available Seat Kilometers (ASKs) decreased by 46.4% year-on-year, which represented 53.6% of its February 2020 capacity.
 
Demand measured in Revenue Passenger Kilometers (RPKs) decreased by 57.9% year-on-year, which represented 42.1% of its February 2020 demand.
 
Aeromexico s February load factor was 66.1%, an increase of 0.7 p.p. versus January 2021 and a 14.0 p.p. decrease versus February 2020. Domestic load factor was 82.3%, an increa ....

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Powering digital transformation in India. Power to empower


Powering digital transformation in India. Power to empower
Hitachi has been offering solutions, product that are relevant not only for the present-day but for India s future development.
March 3, 2021 14:14 IST
The government made Digital India the key apparatus in keeping its citizens, empowered, secure, healthy and taking the country s economy forward.
Amid all our focus and efforts in staying safe, what we perhaps missed celebrating is an important landmark 1 July 2020. It was the fifth anniversary of the Government of India s commencement of the Digital India campaign. What we did, however, is far more significant, colossal and emphatic. The government made Digital India the key apparatus in keeping its citizens, empowered, secure, healthy and taking the country s economy forward. The country s central bank, the Reserve Bank of India, estimates that by 2025, payments through digital platforms will jump to 1.5 billion transactions, or ₹15 trillion a day. T ....

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