US FTC clears Volaris-Viva merger without conditions

The US Federal Trade Commission has cleared the proposed merger of Mexican low-cost carriers Volaris and Viva without objections. Public documents show the agency granted early termination of its standard waiting period on 31 August. Mexican antitrust authorities have not yet ruled. A decision from Mexico's competition commission is expected by the end of the year.

Shareholders of both airlines have already approved the deal. Under the agreed terms, Viva investors will receive shares in a new Volaris holding equal to 50 percent of the combined company. Other financial terms were not disclosed.

If completed, the merged airline would operate as Grupo Mas Vuelos and carry about 60 million passengers annually, making it Mexico's largest carrier. The companies said the merger will make them more resilient and competitive while preserving low fares for customers.