MEXICO CITY, (Reuters) - Mexico's antitrust commission will revise a planned tie-up between low-cost airlines Viva Aerobus and Volaris, the country's President Claudia Sheinbaum said on Monday, adding she considered the deal good news for Mexico's airline sector.
"It has to be within the framework of the law, but it is a good thing that investment is increasing and Mexican companies in the aeronautics industry are growing," she said. "It is very good news, as it will boost tourism and there will be more competition with other domestic and foreign airlines."
Reuters exclusively reported last week that the country's two busiest airlines had closed a deal creating a new low-cost airline group.
Reporting by Raul Cortes and Sarah Morland, Editing by Natalia Siniawski
Source: Reuters