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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AZAL Azerbaijan Airlines operates flights twice per week from New York’s JFK airport nonstop to Baku Airport in Azerbaijan. The flights are operated on the Boeing 787 aircraft in a two class configuration. The last scheduled flight from JFK will depart on September 30th with service ceasing after that.
No official statement has been given by AZAL, but this information was confirmed by airline insiders as official. This news is unfortunate, as I had the opportunity to fly on AZAL from New York JFK to Baku to Moscow about 2 years ago, and the flight was phenomenal! The seating was comfortable, the entertainment was good, and the quantity and quality of the food was impressive, not to mention the cheap ticket price!
AZAL will surely be missed by some, as I know it was a preferred choice of mine for flights to and around Central Asia.
This post will be updated more once additional details are known.