The agreement, which took two years to hash out, eliminates government interference in commercial airline decisions, such as opening unlimited routes between city pairs, and expands opportunities for cargo flights. The upshot is increased market access for travelers, cargo shippers and carriers by allowing airlines to fly between any city in Mexico and any city in the United States as demand dictates, opening up new destinations that are not available under the current, more restrictive agreement.
All-cargo carriers will gain new rights allowing them to expand their worldwide networks, establish new routes and provide faster service at better rates, according to the U.S. Department of Transportation.
Officials said they expected the agreement to further strengthen trade and tourism between the North American neighbors, as well as increase competition among carriers.
The agreement also strengthens commitments on both sides to improve aviation safety and security.
Legislatures in both countries must ratify the agreement, which the DOT said it hoped could be implemented next year.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now