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US lifts curbs on Mexican airlines after aviation dispute · GNN Daily Breaking News

• 0:00
  Speaker 1: The United States Department of Transportation has officially lifted punitive
• 0:04
  Speaker 1: regulatory restrictions imposed on Mexican commercial airlines, ending a protracted
• 0:10
  Speaker 1: bilateral aviation dispute and allowing carriers to launch new transporter
• 0:15
  Speaker 1: passenger routes. Joint statements issued by the Department of Transportation
• 0:20
  Speaker 1: and Mexican diplomatic officials confirm that American regulators have rescinded
• 0:24
  Speaker 1: measures that previously froze route expansion and canceled over a
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  Speaker 1: dozen proposed flight schedules originating from Mexico City's primary aviation hubs.
• 0:35
  Speaker 1: The regulatory decision restores market access for major foreign carriers
• 0:39
  Speaker 1: seeking to establish new non-stop connections between the capital region
• 0:44
  Speaker 1: and key commercial destinations across the United States. The bilateral
• 0:49
  Speaker 1: trade friction stemmed from administrative decisions by Mexican authorities to
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  Speaker 1: reduce flight capacity at Benito Juarez International Airport and forcibly
• 0:58
  Speaker 1: relocate all dedicated cargo operations to the newly constructed Felipe.
• 1:04
  Speaker 1: Angelus International Airport United States transportation officials argued that the
• 1:09
  Speaker 1: unilateral capacity reductions and slot allocation procedures violated longstanding provisions
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  Speaker 1: of the 2015 U.S.-Mexico Air Transport Agreement, which guarantees fair
• 1:20
  Speaker 1: competition and non-discriminatory market access for international carriers. In response
• 1:26
  Speaker 1: to the slot restrictions, federal regulators halted administrative approvals for
• 1:31
  Speaker 1: new transporter routes effectively capping passenger growth and impacting services
• 1:37
  Speaker 1: operated by Aeromexico, Valeris, and Viva Aerobus. Resolution of the
• 1:42
  Speaker 1: commercial standoff followed months of high-level diplomatic negotiations after Mexican
• 1:48
  Speaker 1: transport authorities committed to establishing transparent slot management rules, and
• 1:53
  Speaker 1: improving operational access for American commercial carriers. While the lifting
• 1:58
  Speaker 1: of restrictions allows Mexican airlines to resume expanding their North
• 2:02
  Speaker 1: American flight networks, federal transport regulators emphasized that carriers must
• 2:08
  Speaker 1: continue filing flight schedules and complying with routine regulatory oversight.
• 2:14
  Speaker 1: Industry analysts note that the restoration of transporter expansion rights
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  Speaker 1: will enhance market competition expand international passenger capacity, and bolster
• 2:24
  Speaker 1: cross-border economic integration between the two neighboring trade partners.