U.S. concludes Mexico airspace review, but no verdict yet
Reuters
Published Jun 02, 2023 08:09PM ET
By Kylie Madry and Adriana Barrera
MEXICO CITY (Reuters) -U.S. aviation regulators finished a review of Mexico's airspace safety but have not yet announced a final decision, Mexico's transportation ministry said on Friday, more than two years after the country was stripped of its top air rating.
The U.S. Federal Aviation Administration (FAA) still has several weeks to finalize a decision about whether Mexico will recover the rating, the transportation ministry said in a statement.
The FAA downgraded Mexico's aviation safety rating to Category 2 in 2021, citing safety deficiencies and blocking Mexican carriers from adding new U.S. flights.
Since Mexico lost the rating, the FAA has conducted a series of audits on the local civil aviation authority and its compliance with international safety standards.
A government source told Reuters earlier on Friday that the concluded audit was Mexico's "last," implying a positive resolution.
Mexican newspaper El Financiero had earlier reported that Mexico had already recovered the safety rating, citing government sources, but a short time later backtracked on the initial report.
Restoring the FAA's Category 1 safety rating would clear airlines like Aeromexico and Volaris to add new routes to the United States and potentially carry out marketing agreements with U.S. carriers.
Aeromexico CEO Andres Conesa said last year the damage done by the downgrade was "significant."
In the two years since the FAA dropped Mexico to Category 2, the country has revamped its aviation standards, replacing officials and most recently overhauling its civil aviation law.
Asked to comment on Mexico's air safety rating, an FAA spokesperson would only say the agency continues "to provide assistance to Mexico's civil aviation authority."
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.