Aeromexico has reported net profits of $98 million for the second quarter of 1995, turning around a loss of $33 million. The carrier says that the improvement came because it held down costs, increased sales and benefited from the stronger Mexican peso. Aeromexico has cut its fleet by seven aircraft and its workforce by 600. US operations grew strongly, with a 17% increase in revenue-passenger kilometres over the same period in 1994.

Source: Flight International

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