Mexicana MRO Company Profile

Background

Overview

Mexicana MRO is a leading Maintenance, Repair, and Overhaul (MRO) service provider based at Mexico City International Airport. Established in 1997, it has over 100 years of experience in aircraft maintenance, consistently exceeding industry quality standards.

Mission and Vision

Mission: To deliver excellence in aircraft maintenance services, meeting client expectations with outstanding results.

Vision: To be the leading MRO solutions provider in the Americas for aircraft maintenance.

Core Values

Passion for service

Teamwork

Loyalty

Respect

Safety

Honesty

Transcendence

Key Strategic Focus

Core Objectives

Mexicana MRO aims to provide comprehensive aircraft maintenance services, ensuring high-quality standards and customer satisfaction.

Areas of Specialization

Major Maintenance: Services C and D

Line Maintenance

AOG (Aircraft on Ground) Services

Winglet Installation for Boeing 737

Painting Services

Key Technologies Utilized

The company employs advanced technologies in avionics, non-destructive testing (NDT) laboratories, and engineering to ensure efficient and high-quality maintenance services.

Primary Markets Targeted

Mexicana MRO serves national and international airlines operating major aircraft types, including Airbus, Boeing, Fokker, and Bombardier. Its primary market is Latin America, with a growing presence in North America and Europe.

Financials and Funding

Funding History

Specific details regarding Mexicana MRO's funding history are not publicly disclosed.

Recent Financial Developments

In 2024, the company reported accumulated losses amounting to MX$1.6 billion (approximately US$83.4 million). Efforts are underway to stabilize the financial situation, including negotiations to reduce a US$14 million debt.

Intended Utilization of Capital

The capital is primarily allocated towards operational improvements, facility upgrades, and debt reduction to enhance service capabilities and financial stability.

Pipeline Development

Key Pipeline Candidates

Mexicana MRO is focusing on expanding its service offerings, including:

Structural Conversions: Converting passenger aircraft to freighters, such as Boeing 737-700 and 737-800 models.

Facility Expansion: Increasing hangar capacity to accommodate both narrow and wide-body aircraft.

Anticipated Milestones

Structural Conversions: Initiating the conversion of Boeing 737 aircraft to freighters in April 2019.

Facility Expansion: Completing hangar expansion in the second half of 2017 to add more production lines.

Technological Platform and Innovation

Proprietary Technologies

Mexicana MRO utilizes advanced technologies in avionics, non-destructive testing (NDT) laboratories, and engineering to ensure efficient and high-quality maintenance services.

Significant Scientific Methods

Avionics: Advanced electronic systems for aircraft maintenance.

NDT Laboratories: Techniques for inspecting materials and components without causing damage.

Engineering: Innovative solutions for aircraft maintenance and repair.

Leadership Team

Key Executives

Marcos Rosales: Chief Executive Officer (CEO)

Enrique G.: Chief Financial Officer (CFO)

Ernesto Su: Chief Executive Officer (CEO)

Emilio Marban: Chief Executive Officer (CEO)

Enrique Mantey: Chief Financial Officer (CFO)

Alfredo Saavedra: Vice President of Sales and Marketing

Professional Backgrounds and Contributions

Detailed professional backgrounds and specific contributions of the leadership team are not publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The MRO industry in Latin America is experiencing growth due to increasing air traffic and the expansion of airline fleets. Mexicana MRO, with its extensive certifications and experience, is well-positioned to capitalize on this trend.

Competitor Analysis

Key competitors in the region include:

TechOps Mexico: Based in Querétaro, it operates the largest MRO facilities in Latin America, with three hangars accommodating up to nine aircraft simultaneously.

Interjet MRO Solutions: A division of Interjet airline, providing comprehensive MRO services with main facilities in Toluca and operations at Mexico City International Airport.

Strategic Collaborations and Partnerships

Mexicana MRO has been a member of the Latin America and Caribbean Air Transport Association (ALTA) since 2017, collaborating on aviation industry initiatives throughout the region.

Operational Insights

Mexicana MRO differentiates itself through its "One Stop Shop" approach, offering a comprehensive range of services, including heavy maintenance, line maintenance, painting, component repair, engineering, and training. This integrated service model provides a competitive edge in the Latin American market.

Strategic Opportunities and Future Directions

The company is focusing on expanding its service offerings, such as structural conversions and facility enhancements, to meet the growing demand in the MRO sector. Additionally, efforts to stabilize financial performance and reduce debt are ongoing to ensure sustainable growth.