Mexican carrier Volaris banking on Mexico regaining Category 1 rating by 2023 - CFO

Controladora Vuela Compania de Aviacion SAB de CV

25/10/2022 15:08

MEXICO CITY, Oct 25 (Reuters) - Mexican airline Volaris
is planning its budget on the expectation the country will
regain its Category 1 aviation rating by the second half of
2023, the company's Chief Financial Officer Jaime Pou said
Tuesday.
    Recovering the U.S. rating, which Mexico lost over a year
ago, is necessary for Mexican airlines to launch new routes to
the United States.
 (Reporting by Kylie Madry)
 ((Kylie.Madry@thomsonreuters.com;))