Reuters reports a key committee in Mexico’s Senate on Thursday April 21 ratified a deal with the United States that would boost competition in air transportation, a Senate spokesman said, paving the way for expansion of the world’s second largest cross-border market.
The deal, which both governments have already signed and modifies a 1960 agreement, would open up new routes for airlines to fly between the countries and allow for an unlimited number of flights.
Mexico’s full Senate must still ratify the agreement for it to take effect, which is likely to happen in the coming days.
While some analysts have welcomed the deal, saying it would lower airfares by boosting traffic, Mexican airline workers have complained it would put the country’s airlines at a disadvantage.
The United States, which has a fleet of 7,500 planes compared to Mexico’s 300, accounts for 65 percent of total flights in Mexican airspace, well above the 22 percent offered by Mexican carriers.
Ratification would also remove the main hurdle to a closer tie-up between Delta Air Lines Inc and Grupo Aeromexico SAB de CV. The carriers have asked the U.S. government to grant them immunity from antitrust law so they can coordinate better flight connection times as well as prices, a request that cannot be granted until the aviation accord comes into force.
Delta said last week its deal to buy up to 49 percent of Aeromexico is expected to close this summer.
more recommended stories
7-year-old migrant girl taken into Border Patrol custody dies of dehydration, exhaustion
7-year-old girl from Guatemala died of.
Trump keeps saying: “Build that Wall”
WASHINGTON (AP) — President Donald Trump.
Yucatan Federal Government look for young people and adults older than 68 to support them
The Federal Government develops the first.
Chichen Itza joined the ritual to Mother Earth to build the Mayan Train project
On Sunday Dec. 16, at the.
Amazon uses dummy parcels to catch thieves
Amazon has teamed up with police.
Maya train will be up and running in 4 years
After the start of the construction.
Valladolid Municipal Bazaar registers good sales during December
Vendors of the municipal bazaar of.
Spain’s Ángela Ponce breaks paradigms in Miss Universe
After the Spanish Ángela Ponce, the.
Possible 2020 candidate Beto O’Rourke meets with young refugees at US-Mexico border
Flanked by a group of politicians.
Gabriel García Márquez niece rescued from kidnappers after four months
BOGOTÁ (EFE) .- Colombian authorities rescued.