MEXICO CITY — The small Mexican airline Aeromar introduced Wednesday it’s closing down attributable to monetary issues after failing to get well from a pandemic downturn.

The regional service operated 21 routes in Mexico and flew to McAllen and Laredo in Texas and Havana, Cuba. It specialised in flying routes between Mexico Metropolis and seaside resorts.

Aeromar stated in a press release that it had not been in a position to get well from monetary difficulties stemming from the worldwide downturn in journey attributable to the COVID-19 pandemic beginning in 2020.

The Mexico Metropolis worldwide airport stated in a press release that Aeromar owed about $27.5 million in charges, companies and different money owed.

The airline didn’t say what choices can be out there to vacationers who already bought tickets. It was additionally unclear what would occur to the corporate’s practically 700 workers.

The Labor Division stated it was working to see if different airways may rent the Aeromar employees.

The airline was based in 1987 with a fleet of about ten ATR turboprop airplanes. It was the second Mexican service to go broke because of pandemic. In December of 2020, the low-cost service Interjet ceased operations.

Aeromar’s announcement left Mexico with solely three important home carriers: Aeromexico and the low-cost airways Volaris and Viva Aerobus.

Mexican President Andrés Manuel López Obrador has proposed making a state-run airline operated by the armed forces. He has additionally angered airline executives with proposals to permit overseas airways to function home routes in Mexico.