Every month at Sierra Latam, we publish two new editions of our journals, COELUM and TERRUM, featuring thought leadership from our team on a range of critical topics. On the 15th of each month, new issues are released to keep our audience informed. If you haven’t had the opportunity to read this month’s editions, you can access them here:

COELUM: https://lnkd.in/g_irs98J

TERRUM : https://lnkd.in/gMXJAZgY

#DerechoAeronáutico #ArrendamientoDeAeronaves #PropiedadDeMotores #IndustriaAeronáutica #AviationLaw #AircraftLeasing #LegalRisksInMexico #AerospaceIndustry #PaqueteEconómico2026 #PolíticaFiscalMéxico #LeyDeIngresos #PresupuestoDeEgresos #EconomíaMexicana #FiscalPolicy #MexicanEconomy #taxreform

The aviation sector in Latin America now accounts for 3.6% of the region’s GDP, contributing an estimated 240 billion USD to the regional economy. This includes direct, indirect, and induced effects generated by airlines, airports, and related services. The industry supports millions of jobs and plays a crucial role in connecting communities, facilitating tourism, and driving trade across borders. Experts emphasize that aviation has become a key economic engine, linking even remote areas with global markets and generating long-term benefits for development, competitiveness, and investment across Latin America.

SOURCE: https://www.eleconomista.net/economia/La-aviacion-representa-el-3.6-del-PIB-de-America-Latina-20251021-0003.html

#aviation #LatinAmerica #economy #GDP #airtransport #connectivity #aviationindustry #growth #tourism #trade

Marcelo Ebrard, Mexico’s Secretary of Economy, announced that negotiations with Donald Trump’s administration over tariffs on steel and aluminum are 90 % complete. The main sticking point remains the steel sector, with Washington maintaining tariffs of up to 50 %.

Ebrard emphasized that Mexico has inspected over 1,000 mills and suspended those failing to meet standards. He said both countries aim to resolve disputes before the 2026 USMCA review to ensure a smooth trilateral process.

SOURCE: https://www.elfinanciero.com.mx/economia/2025/10/21/ya-mero-cierran-trato-ebrard-anuncia-avance-del-90-en-las-negociaciones-con-trump-sobre-aranceles/

#TradeNegotiations #MexicoUSRelations #Tariffs #SteelAndAluminum #Ebrard
#NegociacionesComerciales #MéxicoEEUU #Aranceles #AceroYAluminio #ebrard

The Mexican Federal Civil Aviation Agency (AFAC) is facing one of its worst administrative crises in years. Licensing procedures for pilots, flight attendants, technicians, and controllers have come to a complete halt due to the lack of plastic materials needed to print licenses — a result of the government’s failure to release funds to suppliers. This situation has led to delays of up to nine months, leaving thousands of aviation professionals without valid credentials, directly impacting their jobs and certifications.

The recent appointment of a new AFAC director has only deepened the uncertainty. With internal communication collapsing and no timeline for budget release, the aviation sector is under strain: training schools are stalled, airlines have grounded personnel, and the country’s civil aviation system is showing critical signs of dysfunction. Industry members are demanding immediate government action to restore operations and prevent further damage to Mexico’s aviation infrastructure.

SOURCE: Internal sector report via La Guía del CIAAC
#AFAC #AviationCrisis #MexicoAviation #AviationLicenses #CivilAviation #Pilots #FlightSafety #AviationSector #AviationMexico #bureaucracy

Mexico City International Airport (AICM), now managed by the Mexican Navy, has entered an “intense” remodeling stage that covers both terminals without disrupting flight operations. About 15% of the work has been completed, representing 3 billion pesos invested from a total of 8.5 billion. The goal is to reach 70% completion by April 2026, before the World Cup. Renovations include new façades, improved drainage, better lighting, wooden finishes, and restructured commercial areas to enhance passenger flow.

SOURCE: https://www.eleconomista.com.mx/empresas/aicm-entra-etapa-intensa-remodelacion-20251012-781242.html

#AICM #MexicoCityAirport #Aviation #Infrastructure #Remodeling #AirportUpgrade #CDMX #Travel #Aviones #mexico

Mexico’s Congress has approved a sweeping Customs Law reform aimed at tightening control over imports and exports and tackling fiscal evasion linked to the so-called “huachicol fiscal.” The reform eliminates previous clauses that exempted customs agents from liability, making them jointly responsible with importers and exporters for tax compliance. It also introduces stricter digital oversight, new penalties for customs operators, and the creation of a Customs Council led by the Ministry of Finance.

The move comes as authorities investigate massive losses from illegal fuel imports, estimated at nearly 23 billion pesos this year. Critics argue that while the reform strengthens the government’s fiscal grip, it may overburden legitimate trade operations and increase bureaucratic complexity.

SOURCE: https://elpais.com/mexico/2025-10-07/el-congreso-de-mexico-vota-la-nueva-ley-de-aduanas-en-pleno-escandalo-por-el-huachicol-fiscal.html

#Mexico #CustomsLaw #FiscalReform #HuachicolFiscal #Aduanas #CongresoDeMexico #Trade #ImportExport #TaxCompliance #ReformaAduanera #Contrabando