The FM risk insurer, formerly known as FM Global, is renewing itself in Mexico with a fresh image and new leadership. This change is fundamental to maintaining the expansion of the regional aviation services market, which is expected to double by 2043. FM seeks to help its clients prevent risks before they become problems, reflecting a genuine interest in proactive risk management.
In this new phase in Mexico, under the leadership of Yasutomi, FM could set a precedent in the insurance industry by promoting risk management aligned with current needs. FM's focus on prevention as the foundation of operational resilience becomes especially relevant in a context of challenges such as climate change.
In another realm, Airbus projects explosive growth in the demand for aircraft in Latin America and the Caribbean, estimating that 2,600 new aircraft will be needed by 2043. The recent appointment of Monica Yasutomi as senior vice president of Operations for Mexico and Latin America marks a significant milestone, as she is the first woman to lead the company in its 16 years of presence in the country.
The region presents unique characteristics, with 37 percent of its current fleet made up of next-generation aircraft, surpassing the global average of 30 percent. Latin America stands out as an advanced area in fleet renewal. The increase in demand for aircraft, driven by the growth of the middle class and an increase in business and recreational travel, will lead to the regional fleet doubling in the next two decades, from 1,560 to 2,670 aircraft.
The SER educational model, which operates a network of free schools, has proven successful by enabling 87 percent of its students to access university, compared to 15 percent nationally in Mexico. This approach benefits students from economically disadvantaged communities by helping them develop academic and personal skills to thrive in university and life.
Finally, private sector participation in projects like SER represents a significant advance for inclusive education in Mexico. The collaboration between businesses and education has the potential to improve access and educational quality in the country, opening opportunities and challenging innovation and sustainability in the future.