Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
⏰ React to the Market Faster with Custom, Real-Time News Get Started
Cargo airlines have until July to move flights from Mexico's capital airport
© Reuters. FILE PHOTO: Commercial airplanes wait to take their departure, at Benito Juarez international airport in Mexico City, Mexico January 19, 2023. REUTERS/Henry Romero
MEXICO CITY (Reuters) - Cargo airlines operating out of Mexico's busiest airport will have until July to leave the hub, a decree published in the country's national gazette Thursday evening said.
The decree comes from President Andres Manuel Lopez Obrador, who has said he would have cargo flights moved due to lack of space at the Benito Juarez International Airport in Mexico City.
Around 3% of flights at the airport in 2022 were for cargo, according to flight data.
The closest airport is the Felipe Angeles International Airport on the northern outskirts of the city, one of Lopez Obrador's flagship public works projects opened last March.
While the decree does not stipulate airlines must move their operations to Felipe Angeles, Lopez Obrador has said the airport has the space and "security conditions" to make the change.
Mexico has also been under the Category 2 aviation rating by the Federal Aviation Administration (FAA) since it was downgraded in May 2021 on safety concerns, meaning Mexican airlines cannot launch new routes to the United States.
Mexico recently came to an agreement with the FAA to be able to move international flights from Benito Juarez to the Felipe Angeles airport without counting as a "new route," Mexican transportation ministry officials have said.
Mexican aviation unions fought the change, while other groups requested more time to implement the switch.
The decree published Thursday gives airlines 108 business days to move out of Benito Juarez. It did not specify consequences of non-compliance. Cargo carrier Estafeta had requested to be given a year to 16 months to move operations, its operations director told local media.
The decree will still allow flights carrying both cargo and passengers to operate out of the Benito Juarez airport.
Related Articles
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.