News

Markets · DEC 01, 2025 · 2 min read

AAC Announces Strategic Aviation Collaboration in SE Mexico

AAC joins a strategic initiative to strengthen the aeronautical industry in southeastern Mexico, centred on Chetumal and its Economic Development Hub.

Sergio de Urioste, AAC Vice President, Latin America (bottom right), at the meeting in Chetumal, Mexico

For immediate release

Chetumal, Quintana Roo, Mexico — December 1, 2025 — Alberta Aviation Capital Corporation (“AAC”) is pleased to announce its participation in a strategic initiative to support and strengthen the aeronautical industry in southeastern Mexico, with a particular focus on the city of Chetumal and its rapidly expanding Economic Development Hub.

Within the framework of existing trade agreements between Mexico, Canada and the United States, AAC will collaborate with regional partners to contribute to the continued industrialization and economic development initiatives led by the Government of the State of Quintana Roo.

AAC extends its appreciation to Mexico’s Secretary of Economy, Marcelo Ebrard Casaubon, and to the Governor of Quintana Roo, Mara Lezama, for the invitation to participate as a collaborative partner in the region’s economic growth.

AAC also recognizes Zenith Aeronáutica and its affiliates as an important partner in its global network. With expertise in both MRO services and airline operations, Zenith represents a versatile collaborator, and AAC looks forward to exploring potential opportunities across its business lines.

AAC further highlights Zenith Aeronáutica’s efforts to promote the training and development of new generations of aircraft maintenance technicians across multiple specializations. Zenith Aeronáutica is committed to fostering industry-academia collaboration and supporting the reintegration of skilled professionals into the regional workforce with fair and equitable compensation. The corporation is confident in Zenith’s commitment to industry-leading maintenance practices and in its role as a reliable and socially responsible supplier.

As part of this first phase of collaboration, AAC and the Zenith Aeronáutica Group of Companies will continue discussions regarding future opportunities involving ATR 72-600 and ATR 42-600 aircraft within AAC’s planned portfolio.

“Our vision is to build strong partnerships that enhance technical capacity, economic development and workforce growth in strategic regions. Zenith Aeronáutica is a first-class partner with the commitment and infrastructure needed to support the expansion of our fleet and our presence in Latin America,” said Mark Maydaniuk, Chief Executive Officer of AAC.

“We value AAC’s confidence as we continue exploring areas of collaboration involving ATR aircraft. Working together supports our broader mission to strengthen maintenance capabilities and contribute to aviation talent development in Mexico,” said Eduardo Pérez, Chief Financial Officer of the Zenith Aeronáutica Group of Companies.

Zenith Aeronáutica is a Mexican company specializing in aircraft and component maintenance, repair and overhaul (MRO). With a focus on quality, safety and social responsibility, Zenith supports the professionalization of the aeronautical sector through technical training programs, modern infrastructure and the development of local talent.