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Monday 20 February 2023

Another airline bites the dust in testing times

Another established airline has gone out of business in the difficult economic period following the pandemic.

Mexican airline Aeromar announced this week it is going out of business with immediate effect, saying it has been unable to work through its financial difficulties.

The airline was founded in 1987 and operated 21 domestic routes and also flew to McAllen and Laredo in Texas, as well as Cuba. 

Aeromar operated mostly short flights to beach resorts out of Mexico City with a fleet of ATR planes. It has a workforce of about 700.

The airline had faced financial problems even before Covid.

“Measures taken were not sufficient to stabilise the company’s situation,” it said in a statement.

Other recent airline closures include British-based FlyBe, and Norwegian-based Flyr. 

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