This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Delta Air Lines And Grupo Aeromexico Inaugurate TechOps Mexico

QUERETARO, Mexico, March 5, 2014 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) and Grupo Aeromexico (BMV: AEROMEX) inaugurated their aircraft maintenance, repair and overhaul center, TechOps Mexico, in a ceremony led by the President of Mexico, Enrique Pena Nieto. TechOps Mexico is located near the Queretaro Intercontinental Airport.
Aeromexico Logo

Both airlines invested a total of US $55 million, divided into equal shares, to construct these new facilities, which are located next to the Queretaro Aerospace Park. This project also received support from the state government of Queretaro.

The facility is the largest aircraft maintenance, repair and overhaul center in Latin America, with its total surface area measuring over 100,000 square meters. Its three hangars can accommodate up to nine aircraft simultaneously. Aircrafts will be serviced with cutting-edge technology and the highest quality and safety standards.

This project represents one of the most important investments in aviation infrastructure of its kind and adds value to the aeronautic cluster the state of Queretaro has been developing over the last few years.

The crew that will service the airplanes is being trained and updated in the classrooms of the Aeronautics University of Queretaro, which collaborated with TechOps Mexico and agreed to prepare its graduates to enter the labor market with training of the highest quality.

In addition to featuring the most modern facilities of its kind in Latin America, TechOps Mexico is equipped with advanced systems for renewable and clean energy that reduce the use of traditional energy by one third, as well as a rainwater harvesting system, a recycling program, and other environmentally-friendly mechanisms.

"TechOps Mexico is a sign of the confidence foreign and domestic investors have in our country," said Eduardo Tricio, Chairman of the Board of Directors of Grupo Aeromexico. "This is a very important day for the aviation industry in Mexico, as these facilities put it at the global forefront and transform it into a leader of the business opportunities that our nation has to offer."

"The inauguration of this facility reflects the strong alliance between Aeromexico and Delta," said Gil West, Delta's Executive Vice President and Chief Operating Officer. "We have an outstanding team of Delta and Aeromexico technicians certified to meet Federal Aviation Administration standards and committed to provide top maintenance to our fleet in an environmentally sustainable facility featuring use of solar energy, rain water harvesting system and its reuse and recycling."

The ceremony was also attended by the state governor of Queretaro, Jose Calzada Rovirosa, the CEO of Grupo Aeromexico, Andres Conesa, and the Director of Sales for Delta in Mexico, Carlos E. Hernandez. The ceremony included the CEO of TechOps Mexico Miguel Angel Uribe, and other special guests.

The launch of TechOps Mexico is a significant step towards strengthening the Delta-Grupo Aeromexico alliance, originally established in 2011, and reaffirming their commitment to continue to provide quality services to all their customers.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs