Mexican airlines to merge - LatinFinance
15 Articles
15 Articles
The two airlines with the most demand in Mexico fail to lift flight. Volaris and VivaAerobus announced an agreement to form a Mexican group of airlines with the objective of increasing air travel at low prices and connectivity in national and foreign territory, according to a statement. The merger, which will remain under the name of More Flights Group, does not mean that they will be a single brand; each will maintain its operations separately.…
The alliance between Viva Aerobus and Volaris, called Grupo Mexicano de Aerolíneas, faces regulatory challenges due to the concentration of market that it would generate in Mexico and the United States.According to analysts consulted by El Financiero, this integration could motivate the imposition of conditions by the antitrust authorities to mitigate risks in the sector.The aim would be to prevent discretionary control of tariffs and avoid an e…
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Both Win: Ximena Garmendia over Volaris-Viva Aerobus Alliance (by Isaac Rosales of Shipyard Informa)
With the merger, they are expected to compete with foreign airlines and support each other so that there are fewer delays in flights, he said. Isaac Rosales Shipyard Informs The alliance between Volaris and Viva Aerobus is intended to compete with foreign airlines, as well as to support each other, said Ximena Garmendia, journalist and columnist at SDP News. “This alliance is presented to become strong with each other and to be able to cope wit…
Reading time approx.: 1 minutes, 17 secondsThe president of Mexico, Claudia Sheinbaum, reported that the alliance announced between the airlines Viva Aerobus and Volaris will have to be analyzed by the National Antitrust Commission, an instance that will evaluate the operation to determine its viability within the framework of the law of economic competition. During the morning press conference this Monday, the president explained that the agree…
EXCELSIOR President Claudia Sheinbaum gave her approval to the alliance of the Mexican airlines Viva and Volaris -which announced that they would create a new Mexican Airlines Group - since she assured that this will result in more investment, much more competition both in the local market and in the international market and will bring more benefits to the country as the increase in tourism. Viva and Volaris Management Councils approved combinin…
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