Mexico NAC to revise proposed formation of airline group by Viva and Volaris
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Background ✨
Viva and Volaris agreed to merge their holding companies in a transaction expected to close in 2026, creating a Mexican airline group with equal ownership by both shareholder groups and a board comprising directors from both airlines. The carriers planned to maintain independent operations, expand distribution, explore frequent flyer collaboration, and invest in new operational bases and connectivity, subject to regulatory approval including antitrust review1.