The International Air Transport Association (IATA) has emphasized its support for the construction of a new international airport for Mexico City that was launched in 2014 to replace Benito Juárez International Airport.
"The current airport is bursting at the seams. It serves 47 million passengers, almost 50% over its design capacity of 32 million. A new airport is vital to enable Mexico City to benefit more fully from its ideal geographic position linking North America and Latin America," said Peter Cerda, IATA’s regional vice president for the Americas.
Aviation already makes a significant contribution to Mexico’s economy, supporting 1 million jobs and 2.9 percent of GDP, including the economic contribution of foreign tourists arriving by air. However, according to a new IATA study, a lack of infrastructure capacity in Mexico City is hindering the country’s ability to capture an even larger share of the benefits of aviation connectivity, both regionally and globally.
The study concludes that for a country of its size, Mexico underperforms in terms of its integration with the global air transport network. This means that aviation is not fully delivering the benefits that it could with sufficient infrastructure. Mexico trails countries with smaller home markets, including Panama, the Dominican Republic, Colombia, Peru and Chile. This is based on a qualitative measure of the number and economic importance of destinations served from the main airports in a country, the frequency of service to each destination, and the number of forward connections available from each destination, weighted by the GDP of each country.
The IATA study also identifies the cost of missed opportunities if infrastructure development does not keep pace with demand for aviation connectivity. According to the study, if the new airport is not built, it could mean 20 million fewer passengers per year by 2035. This translates into a negative impact of up to $20 billion in future GDP contribution and up to 200,000 fewer jobs in Mexico supported by aviation in 2035.
For information, visit www.iata.org.