A Volaris airplane is seen on the airstrip at the Benito Juarez international airport in Mexico City.
MEXICO CITY Reuters-Mexico-cost airline Volaris expects the country to regain its U.S. aviation rating by the last quarter of 2023, it said in a presentation ahead of its investors' day on Tuesday.
In the presentation, the airline said it had planned to move should Mexico recover the U.S. Category 1 rating, and that Mexican government authorities had forecast that it could recover the rating as soon as April.
The U.S. Federal Aviation Administration downgraded Mexico's aviation safety rating in May 2021, saying it fell short of regulating its air carriers in accordance with minimum international safety standards. The move bars Mexican carriers from adding new U.S. flights and limits the ability of airlines to carry out marketing agreements with one another.
In October, Mexico's foreign ministry said it was aiming to complete an action plan in December as part of its bid to recover the rating.
It added that the FAA officials are going to visit Mexico and schedule a final audit date in January.