Business · Economy · 14 hrs ago
Mexico City airport pays $565.9 million toward debt from canceled Texcoco project
Mexico’s government canceled construction of the new airport planned for Texcoco in 2018, during Andrés Manuel López Obrador’s presidency.
The canceled project left debt tied to airport bonds that is being handled through a trust called MEXCAT.
Mexico City’s main airport, the Benito Juárez International Airport, recently paid $565.9 million toward some of those bonds.
Another $3.152 billion remains to be paid, and the debt is expected to continue through 2047.
The airport-use fee paid by passengers at Benito Juárez is being used to cover interest on the bonds, according to the source.
The payments reduce money available for airport operations, while the government also funds the newer Felipe Ángeles airport and plans work to improve Benito Juárez.
The debt payments are set to continue until 2047.
Mexico City International Airport has paid $565.9 million toward bonds linked to the canceled Texcoco airport project, according to El Economista MX.
The article says $3.152 billion in debt remains and is due to be paid through 2047.
It says the debt stems from the cancellation of the New International Airport of Mexico project in 2018.
The article says the airport use fee paid by passengers at Mexico City airport is being used to pay interest to bondholders.
It also says the government allocated 744.7 million pesos this year to subsidize Felipe Ángeles International Airport.
- Who
- Mexico City International Airport made the payment.
- What
- It paid $565.9 million toward bonds linked to the canceled Texcoco airport project.
- When
- The article reported the payment on November 9, 2026; it does not give the payment date.
- Where
- Mexico City International Airport; the canceled project was planned for Texcoco.
- Why
- The payment was made toward debt from bonds issued for the canceled airport project.
Mexican government
El Economista MX article
Reason for cancellation
Mexican government
The government presented the cancellation as an act of sovereignty against corruption.
El Economista MX article
The article says no corruption case was demonstrated and calls the cancellation financially costly.
Financial consequences
Mexican government
Not stated beyond the government's stated anti-corruption rationale.
El Economista MX article
The article says the cancellation left $3.152 billion in debt to be paid through 2047.
The government canceled construction of the New International Airport of Mexico in Texcoco.
El Economista MX reported that Mexico City International Airport had paid $565.9 million toward bonds linked to the canceled project.
The article says the remaining debt is due to be paid through this year.
- Payment
- $565.9 million
- Remaining debt
- $3.152 billion
- Debt repayment end date
- 2047
- Canceled project
- New International Airport of Mexico in Texcoco
- Subsidy reported for 2026
- 744.7 million pesos for Felipe Ángeles International Airport
What people are saying
el Aeropuerto Internacional de la Ciudad de México (AICM) acaba de amortizar 565.9 millones de dólares para saldar apenas una serie de los bonos emitidos
todavía debemos 3,152 millones de dólares por una obra que no existe
La 4T vendió la cancelación del NAIM como un acto de soberanía contra la corrupción
Octubre del 2018 no se olvida.