Volaris reported that based on disclosures from its domestic competitors, it believes that approximately one-third of Mexico’s narrow body fleet will be out of service by December 31, 2020. «As such, we believe there is a significant short-term opportunity for Volaris to serve these customers and expand our
US refining capacity had hit a record high of nearly 19.0 million barrels per calendar day (b / cd) earlier this year, but several refineries have closed since then and capacity fell to the lowest level since May 2016, reported the Energy Information Administration (EIA). As of September
The peso closed the session with a depreciation of 0.71% or 14.3 cents, trading around 20.03 pesos per dollar, ranking as the third most depreciated currency in the basket of main crosses, behind the Turkish lira, which was the most depreciated currency and the pound sterling which came
The road freight transport should decrease to less than 75% in the European Union, increasing the share of rail and inland waterway transport, according to a new plan by the European Commission. The European Commission presented its «Sustainable and Smart Mobility Strategy» on Thursday, along with an action
The United States Representative on Trade Issues (USTR) is the President’s chief trade advisor, negotiator, and spokesperson on trade issues. The USTR is also responsible for developing and coordinating US policy on international trade, commodities, and direct investment, and overseeing negotiations with other countries. Currently, the incumbent is
Katherine Tai would be proposed by incoming president Joe Biden to be the head of the United States Trade Representation (USTR), replacing Robert Lighthizer, who currently holds that position. The United States Congress has legislative and oversight powers over trade matters; works with the executive branch, which negotiates