Volaris and Viva Aerobus Merger Approved by Shareholders, Creating Dominant Mexican Airline Group
Shareholders of Mexico's two major low-cost airlines, Volaris and Viva Aerobus, have approved their merger, forming the Grupo Mexicano de Aerolíneas. This deal aims to consolidate market power and improve competitiveness amidst industry challenges, pending regulatory clearance.
· 70d ago
