Key Points
- The FAA upgraded Mexico's aviation safety rating to Category 1, allowing Mexican airlines to expand flights to the U.S.
- Volaris plans to add flights and expand from its Guadalajara hub, with new flights expected by the fourth quarter.
- Viva Aerobus could proceed with its joint venture with Allegiant Air, pending U.S. authorities' approval.
Summary
The U.S. Federal Aviation Administration has upgraded Mexico's aviation safety rating to Category 1, enabling Mexican airlines like Aeromexico, Viva Aerobus, and Volaris to resume growth in the U.S. market. This move allows for new flights and expanded partnerships, such as Aeromexico's joint venture with Delta Air Lines and a potential codeshare between Volaris and Frontier Airlines. Additionally, Viva Aerobus may proceed with its joint venture with Allegiant Air, contingent on U.S. regulatory approval.