By Kevin Micheals
What a turnaround. In 2018, Mexico was a darling of the aerospace world. Investment poured in, making it one of the most popular “best-cost” locations on the planet. The number of aerospace suppliers exceeded 300—up from just 100 15 years prior, and the value of exports exceeded $9 billion. All of this was underpinned by a vibrant aviation sector. Four airlines—AeroMexico, Volaris, Interjet and VivaAerobus—served a fast-growing domestic market, while a futuristic new airport was under construction outside of Mexico City (see photo). It would become the largest in Latin America and position the country as a global transportation hub.
