Is AIFA... in the red? It has accumulated losses of 792 million pesos in its four years of operation
The Felipe Ángeles International Airport (AIFA) has accumulated 792 million pesos in losses over its first four years of operation, despite achieving operational profitability in its third year.
The Felipe Ángeles International Airport (AIFA), operated by a military-dependent state enterprise, has reported significant losses amounting to 792 million pesos over its first four years of operation. A detailed review by El Financiero of the airport's financial statements from 2022 to 2025 shows the entity's inability to offset its initial losses, resulting in a persisting negative balance despite the airport breaking even in 2024.
In 2024, AIFA announced a minor operational profit of 291 million pesos, marking the first instance of financial stability after years of operational challenges. The financial analysis however does not take into account the substantial subsidies provided to the airport from annual budget allocations which could potentially alter the view on its financial health. Furthermore, in the previous year, the airport's operations had generated a profit of 492 million pesos, showcasing signs of recovery.
Although the airport has seen some progress towards profitability, the cumulative losses raise concerns about its sustainability. Stakeholders and policymakers will need to assess the ongoing financial strategy and operational efficiency of AIFA, especially as it competes with other established airports in the region.