A PYMNTS Company

Mexico’s Antitrust Commission OKs Allegiant Airlines-Viva Aerobus Deal

By  |  October 18, 2022

Mexico’s Federal Economic Competition Commission (COFECE) has unconditionally authorized an agreement between Allegiant Air and Viva Aerobus.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The Commercial Alliance Agreement between Allegiant and Viva Aerobus was announced almost one year ago, in December 2021. The United States Department of Transportation approval is still in progress, but Mexico’s antitrust commission has approved it. Allegiant plans to make a strategic equity investment in Viva Aerobus as part of the proposed alliance.

    Read Again: US Allegiant Air & Mexico’s Viva Aerobus In Partnership To Codeshare

    “COFECE’s authorization is one step forward to forging an alliance that will strengthen a competitive environment with a larger offering between Mexico and the U.S. Working as a team, we will boost air travel and tourism while reaping the economic benefits associated with the travel industry.”

    This Commercial Alliance Agreement between Viva Aerobus and Allegiant is the first-of-its-kind in the airline industry between ultra-low-cost carriers (ULCC). The goal is to expand low-fare service between the US and Mexico.