Low-Cost Mexican Airline VivaAerobus Enhances Services, Banorte and Asur Reward Shareholders, Lyft Introduces Taxi Service

Web Editor

April 24, 2025

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VivaAerobus Upgrades Passenger Experience with New Luggage Compartments

Viva Aerobus, a low-cost airline based in Mexico, announced the installation of L bins for luggage storage on 52 of its Airbus A320 and A321 aircraft. This upgrade aims to increase the onboard luggage space by up to 60%, providing a more comfortable experience for passengers and crew.

  • L bins are lightweight composite materials designed for durability and strength.
  • These compartments can store up to three additional suitcases per unit, maximizing luggage capacity.
  • Installation is expected to take 3-5 days, ensuring minimal disruption to flight schedules.

Banorte and Asur Reward Shareholders with Dividends

Grupo Financiero Banorte, Mexico’s largest domestic lender without foreign ownership, received shareholder approval for a dividend payment of 9.98 pesos per share.

  • This dividend represents a yield of 6.2% based on the closing price of its shares on April 23, which was 159.7 pesos.
  • The cash dividend will be distributed starting May 5, following approval during the annual ordinary assembly.

  • Banorte plans to distribute a total of 28,094.1 billion pesos in dividends this year.
  • Shareholders also approved a 14-member board, with eight independent members and Carlos Hank Gonzalez as chairman.

Grupo Aeroportuario del Sureste (Asur), the airport management company in Mexico, Colombia, and Puerto Rico, announced shareholder approval for three dividend payments totaling 80 pesos per share.

  • Asur will pay a regular dividend of 50 pesos in May 2025, along with two extraordinary dividends of 15 pesos per share due in September and November of this year.
  • This dividend yields 13.3% based on the closing price of 600.99 pesos on April 23 at the Mexican Stock Exchange.
  • Shareholders also approved allocating six pesos from the accumulated net income surplus to increase the company’s legal reserve fund.

Lyft Introduces Taxi Service for Select Passengers in the U.S.

Lyft will launch a taxi service for chosen passengers in the United States starting May, as part of its expansion plan for additional features.

  • The taxi dispatch service will begin in San Luis, Missouri, on May 5 for passengers who have opted for taxis instead of occasional rideshare drivers.
  • Registered users can book trips through the Lyft app and may be assigned a taxi for standard, wait, reservation, or priority pickup services.

Key Questions and Answers

  1. What is VivaAerobus upgrading? The Mexican low-cost airline is installing L bins for luggage storage on 52 of its Airbus A320 and A321 aircraft, increasing onboard luggage space by up to 60%.
  2. What dividend news is there for Banorte and Asur shareholders? Banorte will pay a cash dividend of 9.98 pesos per share, while Asur will distribute three dividends totaling 80 pesos per share. Both dividend yields are above the average market rates.
  3. What new service is Lyft introducing? Lyft will offer a taxi service for select passengers in the U.S., starting May, through its app for standard, wait, reservation, or priority pickup trips.