Controladora Vuela Compania de Aviacion SAB de CVBMV: VOLAR/A

Arbitration not on the table in US-Mexico aviation spat, minister says

· Issued by Controladora Vuela Compania de Aviacion SAB de CV

Neither the U.S. nor Mexico are considering turning to arbitration to resolve an ongoing aviation spat which has stunted expansion plans from Mexican airlines, Mexican Transportation Minister Jesus Esteva said on Wednesday.

Speaking to journalists, Esteva said the issue had not yet been resolved, but that Mexican officials were set to travel to Washington in coming weeks to meet again with their U.S. counterparts.

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