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June 23, 2012

More Than $170 Million In Export Financing Approved For Aerovias de Mexico

Ex-Im Bank Deal Benefits Boeing, Delta, Honeywell And Others

The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) on Thursday approved two final commitments aggregating $171 million in export financing for Aerovias de Mexico S.A. de C.V. (Aeroméxico).  Aeroméxico is Mexico’s largest airline and a founding member of the SkyTeam Alliance.

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Volaris Fined For Failing To Disclose Baggage Fees

First Penalty For A Violation Of The DOT's New Consumer Protection Rules

The U.S. DOT has assessed a civil penalty of $130,000 against the Mexican airline Volaris for failing to inform consumers that they may have to pay baggage fees when buying a ticket on the carrier. This is the first penalty assessed for a violation of the provisions of the Department’s new aviation consumer rule that took effect this past January.

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