Articles tagged “mexico city”

Canceling Mexico City’s New Airport Will Be Very Expensive

Canceling Mexico City’s New Airport Will Be Very Expensive

Andrea Navarro and Nacha Cattan, Bloomberg

Yes, Mexico's new airport was going to cost more money than was necessary. And yes, the location on dry lake bed was not ideal. But it is still shocking the new government scrapped the project, considering it was well underway.

7 months ago

Mexico’s New President Dodges on Status of Mexico City Airport Bonds

Mexico’s New President Dodges on Status of Mexico City Airport Bonds

Daniel Cancel, Bloomberg

Politicians and voters are sometimes not rational. Mexico City badly needs a new airport, and construction had already begun. It makes no sense to cancel the project. None.

8 months ago

$13 Billion Mexico City Airport Gets the Ax in Nationwide Vote

$13 Billion Mexico City Airport Gets the Ax in Nationwide Vote

Daniela Guzman and Andrea Navarro, Bloomberg

The cost of abandoning Mexico City's new airport could be as high as $10.5 billion, but Mexico's president-elect maintained that the project gave him serious misgivings.

9 months ago

Fate of Mexico City’s New Airport May Be Put to a National Vote

Fate of Mexico City’s New Airport May Be Put to a National Vote

Daniela Guzman and Andrea Navarro, Bloomberg

The decision to cancel or continue building Mexico City's new airport might be put to a national referendum in October, said President-elect Andres Manuel Lopez Obrador. It's often problematic to put an infrastructure project up for a popular vote, but this may be a special case.

11 months ago

Mexico’s New President Won’t Stop a $13 Billion Airport for Now

Mexico’s New President Won’t Stop a $13 Billion Airport for Now

Justin Villamil, Nacha Cattan and Cyntia Barrera Diaz, Bloomberg

The progress of Mexico City's new airport could have big implications for travelers, but maybe not as big as Lopez Obrador's forthcoming relationship with U.S. President Donald Trump.

1 year ago

Local Politics Threaten to Derail Mexico’s New International Airport

Local Politics Threaten to Derail Mexico’s New International Airport

Justin Fox, Bloomberg

There hasn't been a new major airport built in the United States since 1995. Why? Well, politics can be tricky, as we're seeing in Mexico City. Its new airport is slated to begin accepting flights in 2020. But will it? The answer is probably yes, despite recent rumblings. But who knows.

1 year ago

Mexico City Proposes New E-Hail Rules to Level the Taxi Playing Field

Mexico City Proposes New E-Hail Rules to Level the Taxi Playing Field

Associated Press

These rules seem to take what works in New York City and — along with the new app for existing cars — make them even better for Mexico City.

4 years ago

James Bond Helps Mexico City Movie Tourism Before Movie Comes Out

James Bond Helps Mexico City Movie Tourism Before Movie Comes Out

Associated Press

Film tourism is a proven economic boost, not only during actual filming as seen in Mexico City but also afterwards as fans flock to see the set.

4 years ago

Scandal Over Mexican President’s House Affecting Plans for New Airport

Scandal Over Mexican President’s House Affecting Plans for New Airport

Brendan Case and Carlos Manuel Rodriguez, Bloomberg

There's no better friend to corruption than the lack of shame among the participants.

5 years ago

Mexico City’s New Airport to Be Designed by Norman Foster and Fernando Romero

Mexico City’s New Airport to Be Designed by Norman Foster and Fernando Romero

Associated Press

Foster is a corporate darling and Romero is a favored son. When it comes to execution on the ambitious plans, this could go either way.

5 years ago

Booming Mexico City Planning on New Airport With 6 Runways by 2018

Booming Mexico City Planning on New Airport With 6 Runways by 2018

Reuters

Quite an ambitious timeline for such a large project. Still, it speaks to both Mexico City's amt

5 years ago

Mexico Considers Investing $5 Billion to Expand Capital Airport

Mexico Considers Investing $5 Billion to Expand Capital Airport

Brendan Case, Bloomberg

Airport expansions have a tendency to run far longer and cost much more than governments' initially expect, but increasing the airport's capacity for tourism would provide a long-term economic benefit.

6 years ago