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Agreement between Ryanair and IAMSA to create a Mexican low-cost carrier

Dublin, Ireland - It is scheduled a first investment of USD 50 million

Ryan family, founders of among the biggest European low-cost carriers Ryanair, announced to have achieved an agreement with one of the most important Mexican bus companies, IAMSA, to create of a no-frills carrier with destination to the USA. The commercial name is still being decided, but it is known that the new company start operation with USD 50 million and a fleet of 2 planes; but since 2007 the...

AVIONEWS - World Aeronautical Press Agency - 136661

AVIONEWS - World Aeronautical Press Agency
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