Airline Joint Venture to Link Peoria with Mexico?
Peoria International Airport may land a foreign carrier in the not-too-distant future. It would be the result of a proposed Commercial Alliance Agreement between Allegiant Air and Viva Aerobus announced on December 1. Allegiant (NASDAQ: ALGT) and Viva Aerobus today announced plans for a fully-integrated Commercial Alliance Agreement, designed to dramatically expand options for nonstop leisure air travel between the United States and Mexico, while lowering fares to make travel more accessible and affordable for residents of both nations. The alliance is not only the first such venture for Las Vegas-based Allegiant and Viva Aerobus, but is also first-of-its-kind in the airline industry between two ultra low cost carriers (ULCCs). The two carriers' regulatory filing includes maps of proposed routes. On page 68 of the Joint Application for Approval of and Antitrust Immunity for Commercial Alliance Agreement, maps for 2026 and 2031 show nonstop service from Peoria to...