Mexico’s Senate this week ratified a deal with the United States that would boost competition in air transportation, 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, aims to open up new routes for airlines to fly between the countries, and allow for an unlimited number of flights.
While some analysts welcome the deal, arguing it would lower airfares by boosting traffic, Mexican airline workers have complained it would put their companies at a disadvantage.
The number of annual passengers between Mexico and the United States will increase by 16%, generating up to $650 million USD to the tourism sector, thanks to the approval of the Bilateral Air Transport Agreement between the two countries, Mexico’s Secretariat of Communications and Transportation said.
Currently, and until the agreement enters into force, only two airlines from each country can operate an air route between Mexico and the United States, except for some tourist destinations like Cancun, where up to three carriers by nationality can operate. With the updated agreement there will not be a limit on the number of carriers.
more recommended stories
Governor Mauricio Vila Dosal recognizes two outstanding Yucatecan nurses
Mérida, Yucatán, September 26, 2020.- The.
Mexico is sending 100 firefighters to Central California to help fight the SQF Complex Fires
FRESNO, California — Mexico has sent.
Mexico Wants to Pay US Water Debt, Stay Out of US Election
Mexico’s president is calling on angry.
Influencers visit the “Land of Mayab” to promote the destination on social networks
Through their social networks, young people.
Walmart opens distribution center in Yucatan
Walmart de México y Centroamérica announced.
Thieves steal business jet in Mexico, crash in Guatemala
Authorities say thieves stole a business.
Mexico is open and available for American travelers
Americans willing to travel abroad have.
Tulum’s hotel occupancy on the rise
Hotel occupancy in Tulum, Quintana Roo,.
UNAM will provide low income students with tablets
The National Autonomous University of Mexico.
A five-year-old girl is the second registered case of “COVIDengue”
Colima, Col. (September 25, 2020).- The.