A key committee in Mexico's Senate on Thursday ratified a deal with the United States that would boost competition in air transportation, a Senate spokesman said, paving the way for expansion of the world's second largest cross-border market.
The deal, which both governments have already signed and modifies a 1960 agreement, would open up new routes for airlines to fly between the countries and allow for an unlimited number of flights.
Mexico's full Senate must still ratify the agreement for it to take effect, which is likely to happen in the coming days.
While some analysts . . .
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