This Wednesday (15), Aeromar announced its cessation of operations after months of agony due to a debt of more than 500 million pesos (about 26.7 million dollars).

The company had several destinations without competition, among them McAllen (MFE), Texas. After three years of absence, in 2013 it carried an international expansion plan that included returning to the United States, opening McAllen and Austin (AUS).

McAllen was the only surviving U.S. destination in Aeromar’s expansion. Since its opening, the Texas city had a variety of destinations to Mexico including Hermosillo (HMO), San Luis de Potosi (SLP) Guadalajara (GDL), Puerto Vallarta (PVR), Monterrey (MTY) and Mexico City (AICM).

However, AICM was the only route that has been maintained since 2013. According to the Federal Civil Aviation Agency (AFAC), in 2022 the company carried 12,517 passengers from Monterrey (MTY) and Mexico City (MEX).

See also: Uncertainty looms over cities affected by Aeromar demise

Another U.S. route that stopped operating was Laredo (LRD), Texas. On January 7, it carried out its last operation from Mexico City.

Initially, the company focused its operations in Texas on the corporate sector, which with type transformed into VFR (Visiting Friends and Family) movement, in the face of Mexican migrants working in the state.

Aeromar’s hopes are now pinned on Nella, a company of U.S. origin and presided by a Brazilian, which is trying to acquire it. It is not known what the holding company’s actions will be in view of the news of the termination of operations, but until last week it was expected that the company’s representatives would hold a meeting with the government to propose a payment plan to restructure the airline’s debt.