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Airline Finance News - Latin America / Caribbean.


Oct 1, 2007 AeroMexico A full-fledged full-fledged
adj.
1. Having reached full development; mature.

2. Having full status or rank: a full-fledged lawyer.

3. Having fully developed adult plumage.

Adj. 1.
 bidding war for AeroMexico is now underway as the Saba Saba, island, Netherlands Antilles
Saba (sä`bə), island (1990 est. pop. 1,100), 5 sq mi (13 sq km), Netherlands Antilles, one of the NW Leeward Islands. The rugged island is actually the cone of an extinct volcano rising to c.
 family yesterday boosted its offer by more than 58% to MEX MEX Mexico
MEX Microsoft Exchange
MEX Materials Exchange (Recycling Council of British Columbia)
MEX Military Exchange
MEX Mobile Exploration System
MEX Mesopelagic Export Flux
MEX Mesopelagic Export Mooring
1.74 billion ($158.8 million), topping the bid valued at more than $150 million made earlier this month by a group of investors represented by Banamex. Sep 26, 2007

AeroMexico, Banamex

AeroMexico's board said a $151 million bid for a controlling stake in the airline is "reasonable." The bid, offered by an investor group represented by Banamex, is open through Oct. 15 with an option to extend it until Nov. 30. Sep 24, 2007 Copa Airlines Copa Airlines' traffic increased 20.5% in August to 441.2 million RPMs on a 21.1% rise in capacity to 565.6 million ASMs, producing a load factor of 78%, down 0.4 point. Sister carrier Aero Republica's traffic decreased 2.8% for the month to 88.4 million RPMs on a 3.1% lift in capacity to 149.5 million ASMs, producing a load factor of 59.2%, down 3.6 points. Sep 26, 2007 Gol Gol's consolidated traffic (including Varig operations) increased 20.8% in August to 1.63 billion RPKs on a 71.8% rise in capacity to 2.99 billion ASKs, producing a load factor of 54.2%, down 22.9 points. It attributed the load factor drop to "a reduction in demand during August as a result of [the late July TAM A320 crash], reflecting immediate aversion a·ver·sion
n.
1. A fixed, intense dislike; repugnance, as of crowds.

2. A feeling of extreme repugnance accompanied by avoidance or rejection.
 by customers." Domestic traffic grew just 0.5% in August as rampant flight delays and "intense press coverage of an accident translated into a reduction in demand." Sep 27, 2007

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Comment:Airline Finance News - Latin America / Caribbean.
Publication:Airguide Online
Date:Oct 1, 2007
Words:367
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