Mexico’s AIFA Turns Profit for First Time Since 2022

The Felipe Angeles International Airport (AIFA), operated by Mexico’s Ministry of National Defense (SEDENA), reported a profit of MX$414 million (US$24.4 million) during the first half of 2025—making it the first military-controlled, state-owned enterprise in Mexico to achieve profitability. The figure, confirmed through the airport's financial statements, marks a significant milestone for a project that has faced ongoing scrutiny over its viability since opening in 2022.

According to AIFA Director General Isidoro Pastor, total revenue reached MX$1.4 billion between January and June, a 25% increase compared to the same period in 2024. This growth was driven by rising passenger traffic and a stable volume of scheduled flights. Operating costs rose by 36%, yet the airport remained in positive financial territory.

“Our goal is to reach 7.3 million passengers by year-end, but we estimate the figure could be closer to 8 million,” Pastor said.

Despite reaching profitability, AIFA continues to receive federal funding. During the first half of 2025, the airport received MX$704 million in budget transfers from the federal government—an increase of approximately 7% compared to the same period last year. Pastor confirmed that these subsidies will continue.

The airport’s low Airport Use Fee (TUA) has also contributed to its competitiveness. Since its inauguration, the TUA has remained below MX$400, positioning AIFA as a cost-effective alternative for travelers. “The TUA can represent more than half the price of a ticket. Keeping it below MX$400 is a strategic decision,” Pastor noted.

AIFA’s presence is also having a local economic impact. In Zumpango, a municipality near the airport, investment has increased by 50% since AIFA’s launch, according to municipal economic development reports. Local authorities have cited the airport as a key factor in attracting logistics, warehousing, and service-related investments.

Industry analysts suggest that, if current trends continue, AIFA could surpass MX$800 million in annual profits by the end of 2025.