Mexican Airport Tariffs and Tumultuous Stocks
Mexico's airport operators face a new 9% income tax, causing stock prices to tumble. Texas extends its controversial border fence, sparking tensions. A survey reveals decreasing insecurity in Mexican cities, while the government approves a hefty budget with additional debt.
In a world where tariffs and stock exchanges meet numbers and percentages, Mexico has just pulled off a move that's sent airport operators stumbling down a rabbit hole. A new tariff regulation has been announced, and it's got the aviation industry's shares on a rollercoaster ride that Alice herself would find bewildering.
Down the Rabbit Hole with Airport Tariffs
The government, like a curious Cheshire Cat, decided to team up with Grupo Aeroportuario del Sureste (Asur), Grupo Aeroportuario del Pacífico (GAP), and Grupo Aeroportuario Centro Norte (OMA) to create a new tariff regulation. And what's this regulation? Well, it's a tax of 9 percent of their gross income. Ka-ching!
