Vallejo-I Receives US$572 million; IATA Calls to Lift Travel BansBy Emilio Aristegui | Thu, 12/16/2021 - 17:16
Mexico City is preparing for major aerospace investment in 2022, as IATA makes a global call on countries to lift travel restrictions for passengers around the world.
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The Technological Development and Innovation Center (CDIT) Vallejo-i will receive a MX$12 billion (US$572 million) investment in 2022 for design, innovation and simulation capabilities. Mexico City Mayor Claudia Sheinbaum announced that an agreement was reached with Baja Californian industrial entrepreneurs from the aerospace industry to further connect both regions to develop the industry.
“The engineering and design of an airplane is quite complex. That is the main reason why the life cycle of the product and the investment phases are quite different from those in other industries like automotive, which usually is a reference,” said Carlos Robles, President, AMBE Engineering, to MBN. Robles further explains complexities in design and product development, while adding that an airplane requires thousands of parts to be completed.
“Supply chain demand pre-COVID-19 was already high but it is now booming. The lack of containers and difficulties affecting maritime exports and imports have benefitted the air cargo sector as clients will always need to transport merchandise. Unlike sea cargo, we do not lack containers; our containers are flying back and forth. The problem we are facing is the lack of space on many routes. We expect air cargo to continue booming for the next eight to 10 months,” explained Frank Nozinsky, Director of Sales & Handling in Mexico, Central America, Caribbean, South America and West Coast, Lufthansa Cargo.
Alberto Robles, LatAm Strategic Supply Chain Manager, General Electric Infrastructure Queretaro (GEIQ), explained to MBN that the global semiconductor shortage is caused by the COVID-19 pandemic, trade conflicts between the US and China, complicated weather in some regions of the world, fires at semiconductor facilities and a common increase in raw materials’ prices.
“Blanket travel bans will not prevent the international spread (of COVID-19) and they place a heavy burden on lives and livelihoods. In addition, they can adversely impact global health efforts during a pandemic by disincentivizing countries to report and share epidemiological and sequencing data.” IATA calls on governments to lift recent travel bans after a global ‘scare’ caused by the newest Omicron variant. Mexico remains open, as the country decided to not enforce travel restrictions for visitors.