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FEMSA’s Mixed Fortunes: Revenue Rises as Profits Dip in Q3 2024
FEMSA, the Mexican retail and beverage giant, released its third-quarter results for 2024, revealing a complex financial picture. The company’s revenue grew, but profits fell sharply. This outcome highlights the challenges FEMSA faces in a competitive market. The company’s total revenue reached 196.7 billion Mexican pesos ($9.82 billion). This figure represents an 8.3% increase compared […]
Lufthansa Doubles Rio Flights in 2024, Linking to Frankfurt
Lufthansa will increase Rio de Janeiro flights from Galeão Airport in 2024, offering six weekly flights from three. This expansion connects Rio and Frankfurt Airport, previously served by Munich. Felipe Bonifatti, General Manager for South America & the Caribbean, says, “More options for Rio customers and connections in Germany and Brazil.” Lufthansa will use Airbus […]