Mexican Airline InterJet Put Up For Sale

Posted on July 6, 2019August 7, 2019 by The Travel Wolf

The owner of Mexican airline Interjet is putting the airline up for sale. Miguel Alemán Velasco announced plans to sell his airline to help settle the large debt it has acquired in recent years.

Overall the company is heading in a positive financial direction, however, some recent issues are causing massive issues for the company from an operational standpoint.

Rising oil prices
Airport payments
22 Sukhoi Superjet Aircraft (only 5 of the 22 are operational)

Media reports have circulated about fellow Mexican carriers Volaris and Viva Aerobus preparing offers to buy the airline, however, Interjet has stated it is looking at a merger with an international airline.

The sale or merger of Interjet will not be an easy road due to its finances. Between heavy debt, loses of 500 million Pesos in 2018, and the rise in fuel prices, buying into Interjet is a risky proposition.

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About the Author: The Travel Wolf

The Travel Wolf (a.k.a. John) is a freelance aviation/airline writer, frequent traveler and avid airline enthusiast. I feel most at home when I am 30,000 feet in the air and watching the clouds from above. I love the smell of jet exhaust in the morning!