The leading

Aviation Law Firm in Latin America

SIERRA LATAM

We believe in high quality legal advice

High quality legal advice, equivalent to such in the most sophisticated legal service markets. We want you to realize that Mexico is equipped with world-class legal advisors who are willing and able to represent your business with care, professionalism and with in-depth knowledge of the law.

The ability and training of our lawyers and staff is paramount. We are deeply proud to be the standard bearer of aeronautical law in Mexico.

WHAT WE DO

Our Areas of expertise

Our firm is proud to provide its services in various areas of specialization to companies and entities from around the world looking to resolve their legal needs and requirements in Mexico.

Aviation Law

Aircraft finance & Leasing

Litigation, Arbitration
& Mediation

Corporate Law, Joint Ventures, M&A, Foreign Investment & Corporate Governance

Other areas of expertise

Unveil the Latest Trends, Stories, and Insights Shaping the Aviation Industry.

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Mexico is expected to receive a significant economic boost from the 2026 international soccer tournament, particularly through tourism, hospitality, transportation, retail, and infrastructure. The event could contribute up to $4.05 billion USD to the Mexican economy, with the strongest impacts concentrated in Mexico City, Guadalajara, and Monterrey.

According to estimates presented by the IMEF, Mexico City alone could receive around 400,000 visitors and generate approximately $1.6 billion USD in economic activity. Guadalajara could see about $1 billion USD, while Monterrey may receive roughly $600 million USD. Nationally, the tournament’s contribution is estimated at between 0.11% and 0.14% of GDP, representing a meaningful boost for sectors directly tied to tourism and services.

SOURCE: https://forbes.com.mx/la-copa-mundial-de-la-fifa-y-su-impacto-economico-en-mexico/ #Mundial2026 #México #Economía #Turismo #Fútbol
IATA warned that increasing taxes and regulatory charges across Latin America could undermine the region’s aviation growth potential. Speaking at the 82nd IATA Annual General Meeting in Rio de Janeiro, Director General Willie Walsh said that additional levies on passengers and airline operations make air travel more expensive, weaken airport competitiveness, and can push travelers toward alternative hubs. He cited a proposed connection tax in Lima as an example of a measure that could divert traffic away from the city and reduce regional connectivity.

The association also expressed concern over Brazil’s proposed tax reforms, which could significantly increase the fiscal burden on international aviation. According to IATA, Latin America is expected to grow passenger traffic by about 5% in 2026, outperforming North America, but excessive taxation could slow demand, discourage tourism, and limit future expansion across the sector.

SOURCE: https://a21.com.mx/destacado-principal/2026/06/15/amenazan-cargas-impositivas-a-la-aviacion-de-america-latina/ #Aviación #IATA #AméricaLatina #TransporteAéreo #turismo
Global airline profits are expected to decline sharply in 2026 as rising jet fuel prices continue to increase operating costs across the industry. According to the outlook cited in the report, industry earnings could be reduced by nearly half compared with previous expectations, despite continued demand for air travel.

The increase in fuel expenses is placing additional pressure on airline margins, highlighting the industry’s sensitivity to fluctuations in energy prices. The forecast reflects growing challenges for carriers seeking to maintain profitability while managing higher operating costs in an increasingly complex economic environment.

SOURCE: https://www.elfinanciero.com.mx/empresas/2026/06/08/ganancias-de-aerolineas-se-reduciran-a-la-mitad-por-alza-de-turbosina/ #Aviación #Aerolíneas #Turbosina #IndustriaAérea #TransporteAéreo
The 2026 FIFA World Cup will create one of the most complex air transportation operations in aviation history. With 48 national teams, 104 matches across 16 host cities in Mexico, the United States, and Canada, airlines are managing unprecedented logistical challenges involving charter flights, fleet planning, crew fatigue management, airport slot coordination, and security requirements. More than 65% of participating federations are reportedly using dedicated charter operations instead of regular commercial services to ensure operational control, confidentiality, and national branding opportunities.

Many teams are relying on widebody aircraft for long haul travel, including Airbus A350 operations by several national carriers. Beyond transporting players, airlines must coordinate reinforced flight crews, weight and balance considerations, private terminal access, and extensive safety management systems. The scale of the tournament means aviation operations will play a critical role in the overall success of the event, especially as teams and supporters move between cities spread across three countries.

SOURCE: https://a21.com.mx/opinion/era-de-aviacion/2026/06/08/el-tablero-aereo-del-mundial-2026-logistica-costos-y-estrategia-detras-del-viaje-de-las-48-selecciones/ #Aviación #Mundial2026 #Aerolíneas #LogísticaAérea #fifaworldcup
The United States has proposed new tariffs of 10% to 12.5% on imports from more than 60 countries, including Mexico, citing concerns that those countries have not done enough to prevent products made with forced labor from entering their supply chains. The proposal is part of a broader trade initiative by the Trump administration and is still subject to a public consultation and review process before taking effect.

Mexico’s Economy Ministry responded by stating that exports complying with the rules of the USMCA (T MEC) would be exempt from the proposed 10% tariff. According to Mexican authorities, more than 85% of Mexico’s exports to the United States currently meet those requirements, meaning the majority of trade would remain unaffected. Mexico plans to hold discussions with the U.S. Trade Representative over the next 45 days to demonstrate its efforts against forced labor and seek modifications to the proposal.

SOURCE: https://forbes.com.mx/ahora-eu-propone-aranceles-por-trabajo-forzoso-incluye-a-mexico/ #México #EstadosUnidos #Aranceles #ComercioInternacional #TMEC
Mexico will make steel and aluminum tariffs its top concern in the formal USMCA review talks with the United States. Economy Secretary Marcelo Ebrard said the 50% tariff imposed on steel and aluminum exports is “unsustainable” and lacks justification. Mexico plans to argue that North America must strengthen its competitiveness against other global regions and will push for tariff relief during upcoming negotiation rounds in Washington and Mexico City.

The issue comes as broader USMCA discussions begin, with the United States seeking stricter regional content requirements for manufactured products while Mexico focuses on protecting key industries affected by trade barriers. Steel, aluminum, automotive manufacturing, and agricultural trade are expected to dominate the negotiation agenda in the coming months.

SOURCE: https://forbes.com.mx/mexico-planteara-a-eu-como-preocupacion-principal-aranceles-al-acero/ #Aranceles #Acero #TMEC #Economía #México
The appreciation of the Mexican peso is helping airlines mitigate part of the financial impact caused by the escalating conflict in the Middle East, according to analysts from Monex. Rising geopolitical tensions have pushed fuel prices upward globally, increasing operational costs across the aviation industry.

Despite pressure from higher jet fuel prices, the stronger peso has reduced part of the exchange rate related burden for airlines operating in Mexico. Analysts warn, however, that continued instability in energy markets could still affect profitability in the coming months.

SOURCE: https://a21.com.mx/destacado-principal/2026/05/26/respalda-peso-a-aerolineas-mexicanas-ante-crisis-en-medio-oriente-monex/ #Aviación #Aerolineas #México #Economía #combustible
Carlos Sierra, Partner at Abogados Sierra, joins the Time on Wing podcast to share some of the most fascinating aviation legal stories in the industry, from aircraft repossessions in Mexico to navigating international aviation law, leasing disputes, and high pressure negotiations involving airlines around the world. A great conversation on the challenges and evolution of the aviation sector from one of the leading voices in aviation law.

 Watch the full episode now: https://lnkd.in/e3YtV7sk

#AviationLaw #AircraftLeasing #AviationIndustry #AirlineFinance #podcastinterview

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