Mexico’s Airlines Safety Upgrade May Be The Lift Investors Have Been Waiting For
September 23, 2023 at 08:00 AM EDT
In a significant turnaround for its aviation sector, Mexico’s air safety rating was upgraded from Category 2 back to Category 1 by the Federal Aviation Administration (FAA), the agency announced last week. The reinstatement comes after a costly two-year downgrade that restricted Mexico’s airline growth and led to losses exceeding $1 billion for the industry. [...] The post Mexico’s Airlines Safety Upgrade May Be The Lift Investors Have Been Waiting For appeared first on ETF Trends .