Mexico, together with the United States, are the countries in America where the volume of passengers advances the most. According to comparisons by the consulting firm Bain & Company for last May, demand in both countries recovered 84 percent.
With these projections and those of 18 other economies, it is expected that in July 2022 the volume of passengers in the G20 countries – which account for 90 percent of the world’s Gross Domestic Product (GDP) – will recover to the same levels as before the pandemic.
According to the consultancy, for 2021 projected global air traffic continues to fall, mainly as a result of strong increases in the number of Covid-19 cases in India and Latin America.
However, flights within Asia are on the rise, largely thanks to the growth of domestic air travel in China after restrictions were lifted.
In Europe, the projected increase in intra-regional travel in the second half of the year has strengthened after some countries, including France and Germany, accelerated their vaccination campaigns.
According to the traffic monitor at airports and highways in Latin America, carried out by Fitch, the airports in Mexico resulted in a lower drop in the volumes of users served, compared to those projected by the risk rating agency.
Traffic at Fitch-rated airports decreased on average 55 percent during the first quarter of the year, compared to 2019 volumes. Among them, Mexico City International Airport and Grupo Aeroportuario del Centro Norte were above the projected, he explained.
Also, on toll roads, mobility continues to recover steadily for most of the rated assets. The average traffic volume of the portfolio rated by Fitch in the first quarter of 2021 was only 2.7 percent below the levels of 2019, but in Mexico, as in Chile and Colombia, it exceeded the levels of that year.
“As a result of the relaxation of mobility restrictions, the recovery in Mexico, toll road traffic was higher in March, but it is still too early to determine its sustainability,” the Fitch monitor reports.