Market size and recent performance (2009-2024)
Industry revenue has grown at a CAGR of 4.2% over the past five years, to reach an estimated $161.2bn in 2019.
Trends and Insights
- Due to Mexico's extensive open skies agreement with the United States, the industry is in a prime position
- Additional trends and insights available with purchase
Biggest companies in the Air Transportation in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Grupo Aeromexico SAB de CV | ||||
Controladora Vuela Compañia de Aviación SAB de CV | ||||
ABC Aerolíneas SA de CV |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including First and business class seats, Premium economy seats and Economy seats for international flights. First and business class seats is the largest segment of the Air Transportation in Mexico.
Trends and Insights
• In 2019, economy seats for both domestic and international flights are expected to account for a combined 70.8% of industry revenue.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Air Transportation industry in Mexico comprises establishments mainly dedicated to passenger and cargo transport in the aircraft of domestic and foreign airlines, with fixed routes and schedules. Over the five years to 2019, the industry has experienced healthy growth due to increasing demand from both domestic travelers and international visitors. Over the five years to 2024, the industry is expected to continue growing because Mexico is projected to remain a top tourist destination and a growing middle class in Mexico takes more domestic and international flights.
What's included in this industry?
Scheduled international passenger air transportScheduled international cargo and freight air transport (except air couriers)Scheduling domestic air transportScheduling domestic cargo and freight air transport (excluding air couriers)First and business class seatsPremium economy seatsEconomy seats for international flightsEconomy seats for domestic flightsCargoNon-ticket servicesCompanies
Grupo Aeromexico SAB de CVControladora Vuela Compañia de Aviación SAB de CVABC Aerolíneas SA de CVPurchase this report to view all 4 major companies in this industry.
Related Terms
CARGOHUB-AND-SPOKE SYSTEMOPEN SKIES AGREEMENTIndustry Code
NAICS 48111MX - Air Transportation in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Airline Passenger Transportation in Mexico. Airline passenger transportation in Mexico is a measure of the total number of domestic and international flights in Mexico. This i...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
• In 2019, economy seats for both domestic and international flights are expected to account for a combined 70.8% of industry revenue.
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The Air Transportation industry in Mexico is entirely concentrated in the Southwestern region, which contains the Mexico City metropolitan area. In fact, all the airlines that...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Ability to expand and curtail operations rapidly in line with market demand. Having flexible capacity to meet troughs and peaks in demand is vital to profitability in the indu...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Grupo Aeromexico SAB de CV (Aeromexico) is the publicly traded airline holding company that owns and operates Aeromexico, Mexico's flag carrier and the country's largest airli...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of Grupo Aeromexico SAB de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Controladora Vuela Compañia de Aviación SAB de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of ABC Aerolíneas SA de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Grupo Aeromexico SAB de CV, and factors influencing its performance in the industry
- Description and key data for Controladora Vuela Compañia de Aviación SAB de CV, and factors influencing its performance in the industry
- Description and key data for ABC Aerolíneas SA de CV, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The main regulatory agency of the Air Transportation industry in Mexico is the Dirección General de Aeronáutica Civil (General Directorate of Civil Aviation) (DG...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Air Transportation industry in Mexico in 2019?
The market size of the Air Transportation industry in Mexico is $161.2bn in 2019.
How many businesses are there in the Air Transportation in Mexico industry in 2019?
There are 55 businesses in the Air Transportation industry in Mexico, which has declined at a CAGR of 7.1% between 2014 and 2019.
Has the Air Transportation industry in Mexico grown or declined over the past 5 years?
The market size of the Air Transportation industry in Mexico has been at a CAGR of 4.2% between 2014 and 2019.
What is the forecast growth of the Air Transportation industry in Mexico over the next 5 years?
The Air Transportation in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Air Transportation market in Mexico?
The biggest companies operating in the Air Transportation market in Mexico are Grupo Aeromexico SAB de CV, Controladora Vuela Compañia de Aviación SAB de CV and ABC Aerolíneas SA de CV
What does the Air Transportation in Mexico include?
Scheduled international passenger air transport and Scheduled international cargo and freight air transport (except air couriers) are part of the Air Transportation industry.
Which companies have the highest market share in the Air Transportation in Mexico?
The company holding the most market share in Mexico is Grupo Aeromexico SAB de CV.
How many people are/were employed in the Air Transportation in Mexico in 2019?
There are 45,581 employed in the Air Transportation industry in Mexico 2019.
Widen your competitive advantage with related industries
Related Domestic Industries
- Operators in this industry provide interurban and rural transportation.
Methodology
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- Industry and trade associations
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