Violence leaves 28 billion pesos in losses
Recent violence in Mexico has led to significant economic losses, particularly impacting the aviation sector amid preparations for the 2026 World Cup.
The issue of security in Mexico has become increasingly critical ahead of the 2026 FIFA World Cup, with the nation under international scrutiny due to rising violence. Recent violent incidents, particularly following the killing of Nemesio Oseguera Cervantes, known as 'El Mencho,' the leader of the Jalisco New Generation Cartel, have highlighted how insecurity can adversely affect both the economy and business values. This has raised concerns about the nation's readiness to host such a major event.
In the aftermath of the violence, which resulted in widespread disruptions, including roadblocks across 20 states and massive flight cancellations, the aviation and airport sectors faced an estimated 28 billion pesos in losses. The situation was compounded by market reactions, with the Grupo Aeroportuario del Pacífico (GAP), led by Raúl Revuelta Musalem, seeing a marked decline in its stock price by 6%. This drop caused a significant decrease of approximately 15.7 billion pesos in the company’s market value, indicating the severe economic fallout from the unrest.
This crisis not only affects immediate economic interests but also poses a long-term challenge for Mexico. As it prepares to host a global sporting event, the persistent issues of violence and security could deter tourism and investment, further complicating the nation’s economic recovery and stability. Maintaining a semblance of safety and public order is essential for successfully staging the World Cup and restoring confidence among foreign stakeholders.