ALTA: Aeromar open to partnership talks

Panama City
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Aeromar would be open to partnership or merger talks with another domestic carrier in Mexico, say executives at the ALTA Airline Leaders Forum 2012 in Panama City.

The Mexico City-based boutique regional carrier partners with United Airlines and has interline agreements with 18 international airlines but lacks any relationships with Mexico's other domestic airlines.

"It's a battle royale," says Fabricio Cojuc Wolfowitz, vice-president of network planning and corporate development at Aeromar, on the sidelines of the forum. "Everybody's out to get the other guy and that's the part where I believe that Mexico really needs to mature and find more of a consolidation route."

He anticipates that with Aeromexico, Interjet and Volaris adding capacity to the market there will be "another Mexicana" in two years time.

Mexicana was the largest carrier in Mexico before it shut down in 2010.

Wolfowitz says that Aeromar is "always open to talks" of a partnership or even a possible merger but not without conditions. "It has to be win-win and, number two, it really has to be about the networks gelling with each other and the business models gelling with each other," he says.

Aeromar serves secondary business destinations throughout the country from Mexico City but avoids the competitive trunk routes, for example those between the capital to Cancun or Guadalajara.