Volaris and Viva Aerobus Merger Approved by Shareholders, Creating Dominant Mexican Airline Group

Shareholders of both airlines have sanctioned the merger, which will give rise to the Grupo Mexicano de Aerolíneas, controlling about 69% of Mexico’s domestic passenger traffic. The union aims to boost efficiency and growth in a competitive and costly aviation market. The merger awaits regulatory approval before becoming final, potentially reshaping Mexico’s airline industry.