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
Diver reported for damaging the ecosystem in Cozumel reef
Through social networks, a diving service.
New luxury and PR strategy for Grand Hyatt Playa del Carmen
Luxury strategy and public relations agency.
Tulum’s “Art With Me” Festival instantly becomes a world class event (FORBES.com)
Sunbathing on the beach in Tulum,.
Beautiful Costa Mujeres needs to be at the top of your travel bucket list
For many, a Mexican getaway consists.
Despite safety and security concerns, Cancun remains # 1 tourist destination in Latinamerica
Cancun maintained its position as the.
600 new police for Cancun, Playa del Carmen and Tulum Quintana Roo
According to riviera-maya-news.com, approximately 600 new.
Teen jogger who accidentally crossed U.S. border from Canada is detained for two weeks
A teenager out for a beachside.
Grand Finale of the 2018 Merida Initiative National Mock Trial Competition for Mexican Law Students
Mexico City, 21 June, 2018 –.
Three time NBA Champion Klay Thompson charters plane to Mexico full of IG models
Three-time champion Klay Thompson is in.
Mexico’s soccer national team mental coach is transforming mindsets nationwide
Though the spotlight is always on.