Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Uber aims to service Mexico City's distant new airport in 'near future'

Published 22/03/2022, 20:14
Updated 22/03/2022, 22:51
© Reuters. FILE PHOTO: An Uber office is shown in Redondo Beach,  California, U.S., March 16, 2022. REUTERS/Mike Blake

By Kylie Madry

MEXICO CITY (Reuters) - Uber (NYSE:UBER) is working with Mexican authorities to bring service to and from the capital's newest airport, which formally opened Monday with just a few flights and lacking key transportation to the infamously traffic-plagued megacity.

The ride-hailing giant's Mexican unit said in a statement to Reuters that it hopes to offer service "in the near future" to the Felipe Angeles International Airport, approximately 45 km (28 miles) north of Mexico City's long-standing international hub.

The airport is the first of Mexican President Andres Manuel Lopez Obrador's signature infrastructure projects to be completed, three years after he scrapped a $13-billion, partially built airport that he argued was riddled with the previous administration's corruption.

The president has said that the new site will ease congestion at the existing airport, though only a handful of daily flights are operating and a promised train connection has yet to be completed.

© Reuters. FILE PHOTO: An Uber office is shown in Redondo Beach,  California, U.S., March 16, 2022. REUTERS/Mike Blake

Lopez Obrador set off for the airport's inauguration around 5 a.m. Monday, local outlets reported, after saying he would arrive from the city's densely packed downtown in just 40 minutes.

One traveler lamented it took two hours to arrive at the airport Monday, after her maps application sent her down dirt roads around the airport.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.