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JULY 2009
 CBS News - July 31, 2009
Mexico Shuts Cancun Beach, Alleges Sand Was Stolen
Surprised tourists found their little piece of Cancun beach paradise ringed by crime-scene tape and gun-toting sailors on Thursday.
Wall Street Journal - July 30, 2009
Your Bad Luck Is a Windfall For Airlines
Illness, family emergencies, rescheduled meetings—these are a big business for airlines. The resulting change fees and cancellation penalties passengers end up paying add up to a whopping $2 billion a year, according to new Department of Transportation filings.
USA Today - July 28, 2009
Air travel forecast: Fewer flights, higher fares
Most major U.S. airlines posted another quarter of sizable losses last week. The Air Transport Association (ATA) predicts U.S. airlines will lose $2.3 billion this year, but actual losses have already exceeded this projection and most airline CEOs are painting a gloomy picture for the remainder of the year. Unfortunately, bad news for airlines doesn't bode well for business travelers either.
TravelDailyNews.com - July 28, 2009
Airport traffic: flat growth in 2008
A record number of 1357 airports, representing approximately 98 percent of global airport traffic, contributed to the 2008 World Airport Traffic Report, released this week.
Aviation Today - July 27, 2009
ASUR 2Q09 Passenger Traffic Down 26.76% YOY
MEXICO CITY, July 27 /PRNewswire-FirstCall/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV:ASUR), (ASUR) the first privatized airport group in Mexico and operator of Cancun Airport and eight other airports in southeast Mexico, today announced results for the three-and six-month periods ended June 30, 2009.
USA Today - July 27, 2009
American Airlines hikes checked-bag fee by $5
FORT WORTH (AP) — It's going to cost you more to check bags on an American Airlines flight. American said Friday that checking the first bag will cost $20, up from $15, and a second bag will cost $30, up from $25.
Mail-Online - July 24, 2009
The sweet music of revenge: Singer pens YouTube hit after United Airlines breaks his guitar... and shares plunge 10%
The company has lost 10per cent of their share value - a massive $180million - after being blamed for damaging a musician's guitar.
USATODAY - July 20, 2009
Continental's CEO shift reignites merger talk
CHICAGO/NEW YORK — The departure announced last week of Continental Airlines' CEO has spurred debate that the carrier could resume consolidation talks with new partner United Airlines, but the chance of a quick merger remains remote.
USATODAY - July 20, 2009
Foreign airlines raise fuel surcharges; U.S. carriers next?
Several foreign airlines are increasing fuel surcharges on passengers, raising the prospect that U.S. carriers could follow suit. Lufthansa, Thai Airways, India's Jet Airways and Kingfisher, and airlines in Taiwan have announced surcharge increases for domestic and international routes in recent weeks, citing higher costs and lackluster revenue because of the low demand for air travel.
Aviation Today - July 20, 2009
Global airline capacity continues to stabilise reports OAG
One year on since the world's airlines began to curb their seat capacity in the face of global economic pressures, the cutbacks are starting to stabilise with just over 315 million seats on offer this month, a drop of just one percent over July 2008 levels, reports OAG, the world's leading aviation data business, as it releases its monthly report on trends in the supply of airline flights and seats.
Reuters - July 19, 2009
Air Canada says retirees permit pension changes
TORONTO, July 19 (Reuters) - Air Canada (ACa.TO) said on Sunday a plan to limit payments toward its C$2.9 billion ($2.6 billion) pension deficit have not been opposed by retirees and managers, clearing the way for the airline to request government approval.
msnbc - July 17, 2009
Airbags for airliners: What will they cost you?
ATLANTA - You may never need them at 35,000 feet, but you'll be glad they're around if you do. Defibrillators, medical kits and life vests are a few examples of the safety equipment the government requires airlines to put on passenger jets.
Economist.com - July 16, 2009
Mexico and the disabled - Lending a hand
AT THE main international airport for Mexico City, the first thing to notice is that the path from the baggage claim is lined with smiling employees guiding passengers to their taxis or connecting flights. The second is that they are all in wheelchairs. Since the opening of a new terminal in November 2007, the airport has hired some 60 disabled, bilingual workers to serve as Mexico’s face to the world.
Mail Online - July 15, 2009
Pet Airways takes off in the US
The inaugural Pet Airways flight , the world's first pet-only airline, took to the skies from an airport in New York yesterday. Animal-loving Americans and Canadians can now ensure that their furry friends are no longer forced to stay at home during family holidays or suffer long car journeys on the countries' freeways.
Reuters - July 9, 2009
With demand on the rocks, U.S. airlines offer sales
CHICAGO, July 9 (Reuters) - U.S. airlines, plagued by slumping business travel demand, may face lean bookings in the late summer and early fall, and some carriers hope fare sales will spur enough leisure travel demand to fill the gap, experts said on Thursday.
Wall Street Journal - July 9, 2009
Is Tougher Airport Screening Going Too Far?
The Transportation Security Administration has moved beyond just checking for weapons and explosives. It’s now training airport screeners to spot anything suspicious, and then honoring them when searches lead to arrests for crimes like drug possession and credit-card fraud.
Aviation Today - July 7, 2009
Grupo Aeroportuario del Pacifico Reports Passenger Traffic Decrease of 20.1% for June 2009
GUADALAJARA and JALISCO, Mexico, July 7 /PRNewswire-FirstCall/ -- Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) ("the Company" or "GAP") announced today preliminary terminal passenger traffic figures for the month of June 2009 compared to traffic figures for June 2008.
USA Today - July 6, 2009
Tourists pay price as states jack up taxes to balance budgets
Taxes on travel are soaring as states and cities target the wallets of tourists and business travelers for new revenue.
TravelDailyNews.com - July 2, 2009
Sharp decline in new investment as airline losses mount
Airline investment in IT is set to reach a new low this year as aircraft operators cope with unprecedented financial losses, according to the 2009 Airline IT Trends Survey co-sponsored by SITA and Airline Business, which was launched at the annual SITA Air Transport IT Summit in Cannes.
Aviation Today - July 1, 2009
Apple Vacations Announces New Non-Stops From Lansing to Cancun on USA3000 Airlines
ELK GROVE VILLAGE, Ill. , July 1 /PRNewswire/ -- Apple Vacations today announced new non-stop service to Cancun on USA3000 Airlines from Lansing Capital Region International Airport.
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Bloomberg - July 31, 2009
Pemex Output Goal ‘Uphill Battle,’ Forces Borrowing
(Bloomberg) -- Petroleos Mexicanos, Latin America’s largest oil company, is likely to miss its 2009 output goal even after lowering its production forecast, forcing the company to seek other sources of financing to pay for its largest-ever capital spending plan.
Bloomberg - July 30, 2009
Pemex Cuts Output Goal to 2.65 Million Barrels a Day
(Bloomberg) -- Petroleos Mexicanos, the state-owned oil company, cut its 2009 production forecast as its Cantarell field declines at a faster-than-expected pace.
Excélsior - July 28, 2009
Link in spanish
Editor: Possibly PEMEX is holding out until oil goes back to $150 bl
Oil & Gas Journal - July 27, 2009
Mexico institute recommends upstream opening
HOUSTON, July 27 -- The Mexico Competitiveness Institute (IMCO) has called for dramatic policy steps to confront Mexico's decline in the world economy.
Reuters - July 25, 2009
Mexico June oil output down 11.1 pct vs year ago
MEXICO CITY, July 24 (Reuters) - Mexican oil output fell below 2.6 million barrels per day for the first time since 1990 in June, hit by the relentless decline of the Cantarell field and maintenance, state oil monopoly Pemex said on Friday.
Numbers for PEMEX not looking good. All liquids production has fallen below 3Mbpd for the first time (2,991), and crude oil is going down fast as well.
Link [PDF]: http://www.ri.pemex.com/files/dcpe/petro/eprohidro_ing.pdf
Exports are also going down, as expected: 1,173mbpd.
Link [PDF]: http://www.ri.pemex.com/files/dcpe/petro/evolexporta_ing.pdf
Latin American Herald Tribune - July 2, 2009
Mexican Oil Revenues Fall 10 Percent Despite Hedging
MEXICO CITY – Mexico’s oil-export tax revenues totaled 363.58 billion pesos ($27.34 billion) between January and May, 10.3 percent less than in the same period of last year, officials said.
Seeking Alfa - June 24, 2009
Should Mexico Stop Exporting Oil?
In May, oil production from Mexico’s (previously) largest oil field Cantarell slipped below 700 kb/day. While the death of Cantarell has been much discussed since it peaked five years ago at 2.1 Mb/day, what’s less recognized is that the toppling of Cantarell has absolutely shattered Mexico’s effort to halt the decline of oil exports.
The Wall Street Journal - June 19, 2009
Pemex Jan-May Crude Output Dn 7.9% At 2.65M B/D
MEXICO CITY (Dow Jones)--Mexican oil production fell 7.9% during the first five months of this year to an average of 2.65 million barrels a day, putting pressure on state-run Petroleos Mexicanos to reverse the downward trend.
Reuters - June 16, 2009
Mexico racing against time at Cantarell oil field
MEXICO CITY (Reuters) - Mexico's state energy company Pemex is scrambling to extract what oil it can from its key Cantarell deposit as growing water and natural gas levels in the giant field depress yields of crude.
The Peninsula - June 15, 2009
Deepwater deals ready, says Pemex
VERACRUZ, Mexico: Mexico’s state run oil company Pemex said it will have draft contracts for deepwater exploration deals ready in a month that could bring international oil firms back into Mexico after 70 years.
Upstreamonline.com - June 15, 2009
Regulator slams Cantarell flaring
The head of Mexico’s new hydrocarbons agency has shown his organisation has teeth by slamming Pemex’s failure to exploit gas from the giant Cantarell field.
Rigzone - June 12, 2009
Mexico State Oil Co Optimistic on Two Largest Fields
Mexico's state oil company has a sunnier outlook for its two largest fields, thanks to remediation programs to squeeze as much oil as possible from the crude-laden waters of the Campeche Sound, Petroleos Mexicanos executives said at an oil conference Thursday.
LAHT - June 1, 2009
Pemex to Face Suit for Deaths at Offshore Platforms
MEXICO CITY – A Mexican congressman said he will file suit against state-owned Petroleos Mexicanos before the Inter-American Commission on Human Rights, contending that violations of labor laws have led to 116 deaths on offshore platforms in the past four years.
Reuters - May 24, 2009
Mexico sees crude output recovering by 2011 TY Editor: Ya right!
ROME (Reuters) - Mexico's faltering crude oil output should begin to recover next year or in 2011, Energy Minister Georgina Kessel told Reuters on Sunday.
upstreamonline.com - May 21, 2009
Mexico oil exports plummet
Mexican oil exports plunged 18.2% in April to levels unseen since 1990 outside hurricane seasons, in more grim news for a key economic motor relied on for a major chunk of government revenues.
Reuters - May 8, 2009
Mexico could pump 250,000 bpd from Tamil
MEXICO CITY (Reuters) - A complex of four oil fields anchored by the deepwater Tamil discovery in the Gulf of Mexico could eventually produce up to 250,000 barrels per day of oil, a senior executive of Mexican state oil company Pemex said on Friday.
Upstreamonline.com - May 8, 2009
Pemex marks three discoveries this year
Mexican state-owned Pemex E&P subsidiary PEP recorded three discovery wells during the first quarter of the year, all of which are producing super light crude.
Oil & Gas Journal - May 6, 2009
Pemex hones deepwater gulf exploration plan
HOUSTON, May 6 -- Carlos Morales Gil, Pemex Exploration & Production general director, said Pemex is formulating a plan to ramp up exploration in the deepwater Gulf of Mexico and involve international and national oil companies in the process.
Of Interest:
World Crude Oil Production Overview
World Crude Oil Production: OPEC Members
World Crude Oil Production: Persian Gulf Nations, Non-OPEC,
and World
Saving Energy in the Yucatan - Interesting article on how Yucataners pay they're electrical bill and save energy too.
Website of Comisión Federal de Electricidad - In English!
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OTHER INTERESTING TRAVEL STUFF
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If you are planning a trip to Cancun, the following articles written by Jules Seigel are recommended reading. Jules has lived in the area for over 20 years.
