While the US and Mexico have disagreements about land crossings of their mutual border, the two nations increasingly agree on brisk cross-border air travel. And Mexico’s domestic airline market has been uncharacteristically vigorous, long growing at double-digit rates and up 14% in the first two months of 2017, even while the Mexican economy chugged along at 2%–3%. Low-cost carriers (LCC) and ultra-low-cost carriers (ULCC) have stimulated demand with fares half or more below ...

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