Mexican government wants to cut off airfare costs by 12%

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Mexico Aims to Cut Flight Costs by Up to 12% With Fee Change.

  • Change in airport operator fees seen lowering flight prices. The government announced a deal last week after roiling markets.
Travelers wait at the gate to board a flight at Benito Juarez International Airport in Mexico City, Mexico.
Travelers wait at the gate to board a flight at Benito Juarez International Airport in Mexico City, Mexico.Photographer: Alejandro Cegarra/Bloomberg

Mexico is looking to reduce the costs of airplane tickets by as much as 12% following the modification of a fee structure for airport operators.

The government estimates cost reductions of between 9% and 12%, Miguel Vallin, the head of the Federal Civil Aviation Agency (AFAC), said at the ALTA Airline Leaders Forum conference. The reduction…

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Source: Bloomberg

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