Flash Report /

Flash Aviation Sector: US downgrades Mexico aviation safety assessment

  • FAA downgraded Mexico's aviation safety assessment to Category 2, for failing to meet ICAO minimum safety standards

  • Mexican airlines are now prevented, among others, from launching new routes and increasing or reducing frequencies

  • Category 1 would return in short term; though we expect volatility. Favorable perspectives are maintained in long-term

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

28 May 2021
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