Trade Agreements
United states revokes 13 mexican airline routes over airport policies
Juan Pérez Larawang ginawa ng AI
The US Department of Transportation revoked approval for 13 routes operated by Mexican airlines to its territory, accusing Mexico of violating the bilateral aviation agreement through decrees that reduced operations at AICM and banned cargo flights there. The measure, effective from November 7 for some routes, impacts Viva Aerobus, Aeroméxico, and Volaris, and could lead to a loss of 202,500 US tourists and 266 million dollars in the winter season. President Claudia Sheinbaum rejected the decision, defending Mexican sovereignty.
Mexican peso depreciates due to yen's advance
The Mexican peso lost 0.19% against the dollar on October 28, 2025, settling at 18.43 units, affected by the yen's strengthening following a US-Japan trade agreement during Donald Trump's East Asian tour. This impact ties to the yen's strategic role in carry trade operations. Meanwhile, other emerging market currencies like the Thai baht appreciated.
Us cancels 13 air routes from AIFA and AICM to United States
The US Department of Transportation has canceled 13 current or planned routes of Mexican airlines from Felipe Ángeles International Airport (AIFA) and Mexico City International Airport (AICM) to its territory. This action responds to Mexico's non-compliance with the 2015 bilateral aviation agreement, as announced by Secretary Sean Duffy. It affects Viva Aerobus, Aeroméxico, and its subsidiary Connect, impacting flights to cities like Houston, New York, and Los Angeles.