‘Continuing with Mexicana’s subsidy will hit public finances’

by times news cr

2024-05-02 18:24:01

The plan of the Secretariat of National Defense to request 20,817 million pesos from the Treasury to promote the new Mexican line, “is a high risk for public finances,” warned Pablo Casas Liás, director of the National Institute of Aeronautical Legal Research (Inia).

He stated that the Army does not explain in the document requesting resources the cost of the planes, the personnel needs, operating expenses and everything that implies requiring that amount, in addition to what was said previously, “surely these resources will go to another project.” or they will be lost with impunity along the way.”

Sedena projected a budget for the acquisition of aircraft, as well as ground support equipment and tools necessary to promote the new State airline.

Casas Liás warned that the allocation of the concession that was granted to the airline and the legal powers that were given to Sedena, are under review before the Supreme Court and can be declared unconstitutional, “the same fate had the electoral reform and the so-called plan B.”

To stop the concession in the Cut The 800 million pesos that were paid for the name of the company to compensate former workers and the more than 8 billion that were assigned during 2024 will be lost.

For the director of Inia, illegal action is being taken from the Government when the Secretariat of Infrastructure, Communications and Transportations (SICT), assigned permits to the airline without proving financial capacity, “so there is no economic solvency and availability of resources.”

This puts the sector at risk again with the possibility of a downgrade after the AOC Air Operators Certificate (Air Operators Certificate) does not exist.

The aviation expert highlighted that the requested amount would not be well projected for the purchase of 10 aircraft as mentioned, because, for example, a AirBus A320 costs at least 100 million dollars, a Boeing 737 about 120 million dollars and the cheapest Embraer at least 55 million dollars.

For Fernando Gómez Suárez, an expert on issues in the airline industry, it is not possible to know if the budget of 20 billion pesos that the government is requesting is viable. Sedena, because the type of fleet and financial scheme they are prospecting is not known.

He added that in Mexican nor the Defense They explain if they plan to buy them (the new planes), rent them or what the operation would be like.

To know the viability of the project, it must be publicly known what type of fleet and the financial scheme they plan to use.

“They don’t say if they buy or rent them or if it is through leasing (a leasing scheme) like most airline companies in the world do.” He added that it is not understood that it could be viable yet, because he even recalled that Mexicana It was born in order to offer rates up to 20% cheaper, “you have to see what they are planning to do.”

Meanwhile, Jesús Navarro, president of the School of Aeronautical Engineerscommented that Mexicana is a public company that operates with the money of all citizens, and it cannot be that 180-seat planes are being flown with just 60 occupants, “they are losing money, when they receive more planes they will lose more resources.”

He highlighted that the way they blew it up: without planning, or analysis, without financial goals, “we are throwing money away,” he concluded.

2024-05-02 18:24:01

You may also like

Leave a Comment