Freight News, Air

New Era for US-Mexico Trade as Air Transport Agreement Enters into Force

[ July 29, 2016   //   ]

On July 22, 2016, the United States and Mexico exchanged diplomatic notes to bring a new Air Transport Agreement into force, reported U.S. Transportation Secretary Anthony Foxx in a statement released by the US Department of Transportation (USDOT).  “This landmark Agreement with one of our largest aviation partners will significantly increase future trade and travel between the United States and Mexico,” he said.  “Our success is the result of four years of collaboration with the Government of Mexico. “
The new agreement will benefit U.S. and Mexican airlines, travelers, businesses, airports, and communities by allowing increased market access for passenger and cargo airlines to fly between any city in Mexico and any city in the United States.  Cargo carriers will now have expanded opportunities to provide services that were not available under the more restrictive agreement.
“This new Air Transport Agreement further elevates and strengthens the dynamic commercial and economic relationship between the United States and Mexico and advances our goal of shared prosperity,” Foxx said.  “This Agreement will allow carriers on both sides of the border to better meet increasing demand in our countries, helping to drive economic growth in sectors beyond aviation, including tourism and manufacturing.”
The Air Transport Agreement was signed by Secretary Foxx and Mexico’s Secretary of Transport Gerardo Ruiz Esparza on December 18, 2015.  The opportunities established by this Agreement will become available to U.S. and Mexican airlines on August 21, 2016