🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Mexico's new airport gets boost from Panama's Copa Airlines

Published 06/17/2022, 08:05 PM
Updated 06/17/2022, 08:10 PM
© Reuters.
DAL
-
META
-

PANAMA CITY (Reuters) - Panama's Copa Airlines announced on Friday it is launching a route from Panama City to Mexico's recently inaugurated Felipe Angeles International Airport, becoming one of the first foreign airlines to land at the new transport hub.

Copa will operate three flights a week starting Sept. 26 in the new Mexican airport.

The Felipe Angeles Airport, one of President Andres Manuel Lopez Obrador's flagship projects, has faced criticisms over access difficulties and limited routes since opening in March.

The Mexican government decided in May to cap flights at Mexico City's main airport amid air safety concerns, positioning the new airport as the only way for airlines seeking to increase business in the country.

© Reuters. The AIFA lettering is pictured at the new Felipe Angeles international airport, in Zumpango, Mexico State, Mexico April 23, 2022. REUTERS/Quetzalli Nicte-Ha

Mexican airlines such as Aeromexico, Volaris and Viva Aerobus have confirmed they will operate in the new airport.

Delta Airlines (NYSE:DAL) is also reportedly set to start flying into the Felipe Angeles hub later this year, according to the airport's official Facebook (NASDAQ:META) account, but other foreign airlines have yet to confirm their plans to follow, despite government speculation.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.