U.S. and Mexico Liberalize Transborder Air Service
Officials from the United States and Mexico signed a liberalized air treaty Friday. The move lifts longstanding restrictions on the number of airlines allowed to operate transborder service. It allows carriers to offer any route with no limitations on pricing or frequency and goes into effect January 1, 2016.
While the United States has had similar agreements with over 100 other countries, Mexico was one of the largest without such a treaty in place.
U.S. airlines were enthusiastic about the prospect.
The agreement “will put our airline a step closer to being able to increase service to Mexico,” said Robin Hayes, CEO of JetBlue Airways.
The treaty still requires ratification before it can go into effect but that is expected to happen before the end of the year.
(Photo: Accura Media Group)