Guanajuato Seizes Opportunities in the Aerospace SectorBy Alessa Flores | Thu, 12/03/2020 - 16:50
State Governor Diego Sinhue Rodríguez Vallejo, inaugurated the II Business and Enterprise Forum of the Aerospace Cluster of Guanajuato 2020 with the aim of generating business opportunities and helping to develop suppliers in the sector. "Supplier development is very important. In Guanajuato we have everything we need to develop and manufacture aerospace products and parts," added Sinhue.
Mexico is one of the most attractive countries to invest in the aerospace sector worldwide. According to figures from the Guanajuato government, more than 330 companies are present, of which 88 are focused on manufacturing, while 20 percent engage in design, engineering and MRO. Moreover, in 2019, the Mexican aerospace industry exported US$9.5 billion according to FEMIA. The sector's growth has been 14.4 percent annually over the past 15 years. Given this situation, the governor explained that Guanajuato has great potential to attract aerospace companies to the state and benefit the Bajio area.
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Queretaro has received a significant part of the country’s aerospace investment, making it the fourth-biggest contributor to the industry in Mexico. Before the pandemic, the Queretaro aerospace industry had an average sustained annual growth of 15 percent, including job generation, construction of new facilities, design and engineering and sustained growth in passenger and cargo mobility, according to José Antonio Velázquez Salis, Managing Director of the Queretaro Aerocluster. After the pandemic hit, this industry stayed alert to new opportunities to contribute to the current scenario.
Mexican airline Interjet cancelled flights from Saturday, Nov. 28, to Tuesday, Dec. 1, affecting thousands of passengers and leading authorities to reiterate their warnings against buying their tickets. Airports and Auxiliary Services (ASA) explained that the airline had failed to pay for jet fuel during those four days. Early this morning, El Economista reported that the airline had failed to pay for jet fuel for Wednesday, Dec. 2.
Interjet has been accumulating debt to several government institutions since last year but its troubles only worsened after the COVID-19 crisis. The airline reported a 66.1 percent contraction in passenger traffic during the first eight months of 2020. Just in August, the airline saw a whopping 97.2 percent year-on-year drop in passengers. These troubles hurt the airline’s liquidity and led to several flight cancellations throughout the year.
The Mexican Space Agency (AEM) signed a collaboration agreement with Universidad Autónoma del Estado de México (UAEMEX) to increase agriculture productivity using satellites. This pilot project will allow for the monitoring of agriculture fields to better plan their use and prevent plagues and damages from natural disasters.
Satellites have diverse applications in the agribusiness field. The European Space Agency (ESA) explains that they can be used to estimate crop yield and provide early warnings of potential crop failure. Farmers can also use satellite information to improve their agricultural practices through close monitoring of fields. Through the blooming field of precision agriculture, researchers and farmers are increasingly gathering temporal and spatial information to manage fields to improve their productivity and profitability, while making better use of resources and the quality of crops. These technological tools are already used in other countries and the Inter-American Development Bank highlights that precision agriculture can benefit communities in Latin America by enhancing food security and reducing poverty. Therefore, AEM’s new program aims to make use of these technologies to support Mexican farming communities throughout the country.