mexico

The International Air Transport Association (IATA) has signed a memorandum of understanding (MOU) with Mexico’s Ministry of Communications and Transportation to provide technical and operational assistance for the construction of the Mexico City’s new airport.

Under the agreement, IATA will also provide its services as a technical and professional advisor for the efficient operations of the existing airport in Mexico City until the completion of the new airport by 2020.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The current airport in the city has already reached its capacity and the MoU will also examine the possibility of slot management that can help in devising ways of expanding the available capacity at the airport.

"The key to success is consultation, so that what is built meets the needs of the airlines at a cost they can afford."

Mexico’s General Directorate of Civil Aviation director general Gilberto López Meyer said: "The MOU will allow the Mexican government to understand and adopt global best practices in the design of large-scale hub airports, just what we are looking to achieve with the new Mexico City airport.

"Additionally, IATA’s experience analysing the management of slots will improve the process and align it with global best practices and be very helpful ahead of the increased air traffic in the country."

The plans for the new airport are expected to cost an estimated $9.2bn had been unveiled in 2014 by Mexican President Enrique Peña Nieto. The new airport aims at easing the congestion at the existing airport.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The new airport will have two runways that can be used simultaneously doubling the runway capacity. The current airport has two runways but only one can be used at a time as they are very close to each other.

IATA’s director general Tony Tyler said: "IATA is pleased to be working with the Mexican authorities from the early stages on one of the region’s most significant air transport infrastructure projects. By working together we can ensure that the right decisions are made.

"The key to success is consultation, so that what is built meets the needs of the airlines at a cost they can afford."

Image: The new airport at Mexico City will have two runways that can be used simultaneously doubling the runway capacity. Photo: courtesy of Foster + Partners.