There are clear winners and losers at Mexico City’s Benito Juarez International Airport; unfortunately, those losers are often the travelers.
Earlier this year, Mexican anti-trust commission COFECE released a report recognizing a severe lack of competition at the airport. Currently Aeromexico and Volaris, the country’s two publicly traded airlines, control 42 percent and 13 percent of all seats leaving the airport, respectively. Interjet scoops up 22 percent.
Aeromexico’s spot at the airport forms a major Latin American hub. In 2015 the airline added service to Toronto (YYZ), Vancouver (YVR), Medellín (MDE) and Panama City (PTY). This year, flights are added to Santo Domingo (SDQ) and Amsterdam (AMS), as well as additional service to Tokyo Narita. As of May, Aeromexico and Delta Air Lines were working toward a joint venture to increase connectivity throughout the United States. However, government approval is dependent upon Aeromexico relinquishing eight airport slots.
The COFECE report goes on to state unnamed airlines are charging extra takeoff and landing fees, and hundreds of flights daily do not follow assigned flight schedules. The lack of clear guidelines in allocating flight schedules allows airlines to monopolize desirable flight times. The report also pointed to a stagnant number of routes to and from the airport in the last five years and exorbitant prices for routes served by fewer airlines. In conclusion, the commission recommended the airport adopt a higher level of transparency.
Travelers seeking an alternative to Benito Juarez International can fly into Mexico City’s new international airport as early as October 2020. Designed as one of the largest airports in the world, it will cover more than 10,000 acres, three miles from the current airport, and cost $12.8 billion. As of now, the airport is slated to process up to 120 million passengers per year. It is the second-largest airport currently under construction after Istanbul New Airport. In 2020 three runways will operate simultaneously, with three additional runways added by 2030. Then, the airport hopes to rank second only to Atlanta’s Hartsfield-Jackson International Airport.
After the new airport opens, Benito Juarez International Airport will continue operation through 2022. The government will then repurpose the land and infrastructure, about twice the size of Central Park and worth around $2 billion, for urban development.
In 2015 Benito Juarez International Airport served 38.4 million passengers, a growth of 11.9 percent over 2014.
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