Aerospace Sector Invests in the Future

This week, Jorge Gutiérrez de Velasco, Dean of Queretaro’s Aeronautical University (UNAQ), shares with MBN how important it is to draft an agenda so Mexican higher education institutes can increase opportunities in the sector. Meanwhile, Mexican airport groups are preparing for better times after COVID-19 through infrastructure investments.

In international news, US giant Boeing released its financial results for 2020 after numerous challenges caused by the global ban on the 737 Max and the COVID-19 pandemic. American Airlines saw its shares soar after this week’s social media stock hype as Reddit group WallStreetBets caused frenzy with GameStop’s stocks.

This and more in your weekly aerospace roundup!

Featured Contributor

Jorge Gutiérrez De Velasco from the Aeronautical University of Querétaro: Drafting of Space Agenda a Gift for Educators, Experts

Gutiérrez de Velasco shares his expertise on how an Aeronautics and Space Strategic Plan from Mexican higher education institutions should be developed. This plan represents an opportunity to increase and develop knowledge of the aeronautics and aerospace sectors. Gutiérrez sees a clear benefit in forging a new relationship among the 29 public and private education institutions that offer aeronautics and aerospace programs to improve the sector both in Mexico and Queretaro. This new relationship between public and private higher education institutions can give Mexico an opportunity to generate better educated professionals.

Mexico

Mexican Airport Groups Invest in Infrastructure Amid Pandemic

In preparation for a global recovery from the COVID-19 pandemic, two airports groups that operate 25 airports in Mexico have announced large infrastructure investments to increase the capacity of Mexican airports. A third group is planning a large infrastructure investment in the southeast of the country. Read more here!

New Aeronautics Program Opens in Ecatepec

Tecnológico de Estudios Superiores de Ecatepec (TESE) inaugurated an advanced engineering training center, which will include a program focused on aeronautics to consolidate professional training and to strengthen the link between the academic and productive sectors. The creation of this center can build up the educational quality of new young professionals.

International

Boeing Reports 4Q20 Losses Amid 737 Max Ban Liftings

US aerospace giant Boeing had been dealing with a major crisis since 2019, when the 737 Max was banned by countries across the globe after two fatal crashes that killed 346 people. The pandemic, which was hard on the aviation industry, dealt even more damage to the company leading to historic losses. However, the company still shares optimism. Read why here!

American Airlines Joins GameStop Trading Frenzy as Calls for Probe Build

After GameStop’s social media hyped stocks surged over 1,700 percent thanks to Reddit thread WallStreetBets, American Airlines saw its shares soar with an 60 percent increase. The move has caused conflict between small traders and major Wall Street institutions.

UK Will Deny Entry to Travelers From 22 Countries

The UK has announced that it will deny entry to travelers that come from countries with high rates of COVID-19 contagion, among them countries in Latin America, along with South Africa and Portugal, where new COVID-19 variants have been found.