Aeromexico to streamline fleet around 737 and 787

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Aeromexico plans to have only Boeing 737 and 787s in its mainline fleet by 2018, as it focuses on increasing efficiency and lowering costs.

Ricardo Sanchez Baker, chief financial officer of Aeromexico, says that the airline will retire its eight Boeing 767s and four 777-200s and focus on the 737 and 787 by 2018, at the Dahlman Rose Global Transportation Conference in New York today.

He says that the carrier can grow its fleet by up to 73% for narrowbodies and up to 58% for widebodies with its current order book.

Aeromexico placed firm orders for 60 737 Max and six 787-9s as well as options for 30 737 Max and four 787-9s with Boeing for delivery through 2024 in July. It also has existing orders for 10 737-800s and nine 787-8s.

The simplified mainline fleet will reduce costs and allow for increased operational efficiency, says Baker.

Aeromexico will take delviery of three 737-800s and three 787-8s, which will begin in the third quarter, in 2013.

The airline also plans to begin replacing the Embraer 145 with the Embraer 170, 175 and 190 in its Aeromexico Connect fleet from 2013. It will remove nine E145s and take delivery of five E170 and E175s, and four E190s that year.

Aeromexico plans to increase the number of aircraft it owns to 50% of its fleet, says Baker. It anticipates that it will own 15% of its aircraft by the end of this year compared to 8% at the end of 2011.

"This allows increased flexibility around size of [our] fleet as the market changes," says Baker, in regards to owning an increased share of Aeromexico's fleet.