Mexico

Dec. 19 (UPI) — Mexican low-cost airlines Volaris and Viva Aerobus announced an agreement to create a new holding company through a merger of equals — a deal aimed at expanding low-fare air travel and strengthening Mexico’s air connectivity with the United States and Latin America.

The transaction will combine the parent companies of Volaris and Viva into a single entity, while each airline will continue to operate independently under its own brand, air operator certificate, leadership structure and route network.

Once the deal closes, shareholders of each company will hold 50% of the new group on a fully diluted basis. Viva shareholders will receive newly issued shares of Volaris’ holding company, while Volaris shareholders will retain their existing shares, according to DF SUD.

The boards of both airlines unanimously approved the transaction. The deal is subject to regulatory and shareholder approvals and is expected to close in 2026. Shares of the holding company will continue to trade on the Mexican Stock Exchange and the New York Stock Exchange.

The new group would become Mexico’s largest low-cost airline platform and a regional player with growing relevance for travelers seeking cheaper options across North America and Latin America.

Volaris shares jumped more than 20% after the announcement, driven by expectations of operational efficiencies and cost reductions.

Volaris is a publicly traded company backed by U.S.-based Indigo Partners, which also controls Frontier Airlines in the United States and JetSmart in Chile.

Viva Aerobus is privately held and controlled by Mexican transportation group IAMSA, led by businessman Roberto Alcantara Rojas, who will serve as chairman of the new holding company

Both airlines operate all-Airbus fleets and focus on a low-cost, point-to-point business model. Their main competitor in Mexico’s domestic market is Aeromexico, the country’s flag carrier.

The agreement comes amid a complex period for Mexican aviation and air relations with the United States. In October, the U.S. Department of Transportation rejected more than a dozen routes proposed by Mexican airlines, citing disputes over slot management at Mexico City’s main airport and the relocation of cargo operations to a more distant terminal.

In November, President Claudia Sheinbaum said Mexican airlines would give up some airport slots to U.S. competitors. U.S. airlines currently account for more than half of international passenger traffic between the two countries, while Mexican carriers represent less than 30%.

Industry analysts say the creation of the new holding could strengthen Mexico’s position in the regional market without, for now, triggering a full operational merger that could face stronger regulatory opposition.

When three young girls die from leukaemia within a year in a Mexican town, the authorities insist that the water is not contaminated. A teacher and local mothers demand answers and form an action group to investigate the cause. When they team up with a scientist, they find out their water is highly radioactive.

Corporate agriculture for export has depleted the aquifers, leaving behind an ancient layer of groundwater that is poisoning their town. This revelation prompts national outrage and leads the government to cut off the town’s water supply, while some officials still claim that the water is safe.

As the community turns against the women, they face a difficult choice. They must either give up their activism or keep fighting for clean water and environmental justice.

The Age of Water is a documentary film by Isabel Alcantara Atalaya and Alfredo Alcantara.

MEXICO CITY — President Trump has ordered a partial blockade on oil tankers going to and from Venezuela, potentially crippling the nation’s already battered economy, and accused Caracas of stealing “oil, land other assets” from the United States — a significant escalation of Washington’s unrelenting campaign against the government of President Nicolás Maduro.

Asked about Venezuela on Wednesday, Trump said the United States will be “getting land, oil rights and whatever we had.”

“We want it back,” Trump said without further elaboration. It was unclear if Trump planned to say more about Venezuela in a televised address to the nation late Wednesday night.

The blockade, which aims to cripple the key component of Venezuela’s faltering, oil-dependent economy, comes as the Trump administration has bolstered military forces in the Caribbean, blown up more than two dozen boats allegedly ferrying illicit drugs in both the Caribbean and the Pacific, and threatened military strikes on Venezuela and neighboring Colombia.

“Venezuela is completely surrounded by the largest Armada ever assembled in the History of South America,” Trump said in a rambling post Tuesday night on his Truth Social site. “It will only get bigger, and the shock to them will be like nothing they have ever seen before.”

Not long after Trump announced the blockade Tuesday night, the government of Venezuela denounced the move and other Trump efforts as an attempt to “rob the riches that belong to our people.”

Leaders of other Latin American nations called for calm and United Nations Secretary-General Antonio Guterres, after a phone call with Maduro, called on U.N. members to “exert restraint and de-escalate tensions to preserve regional stability.”

Also Wednesday, Trump received rare pushback from the Republican-dominated Congress, where some lawmakers are pressuring the administration to disclose more information about its deadly attacks on alleged drug boats.

The Senate gave final approval to a $900-billion defense policy package that, among other things, would require the administration to disclose to lawmakers specific orders behind the boat strikes along with unedited videos of the deadly attacks. If the administration does not comply, the bill would withhold a quarter of Defense Secretary Pete Hegseth’s travel budget.

The bill’s passage came a day after Hegseth and Secretary Marco Rubio came to Capitol Hill to brief lawmakers on the U.S. military campaign. The briefings left lawmakers with mixed reaction, largely with Republicans backing the campaign and Democrats expressing concern about it.

The White House has said its military campaign in Venezuela is meant to curb drug trafficking, but the U.S. Drug Enforcement Administration data shows that Venezuela is a relatively minor player in the U.S.-bound drug trade.

Trump also declared that the South American country had been designated a “foreign terrorist organization.” That would apparently make Venezuela the first nation ever slapped with a classification normally reserved for armed groups deemed hostile to the United States or its allies. The consequences remain unclear for Venezuela.

Regional responses to the Trump threats highlight the new ideological fault lines in Latin America, where right-wing governments in recent years have won elections in Chile, Argentina and Ecuador.

The leftist leaders of the region’s two most populous nations — Brazil and Mexico — have called for restraint in Venezuela.

“Whatever one thinks about the Venezuelan government or the presidency of Maduro, the position of Mexico should always be: No to intervention, no to foreign meddling,” Mexican President Claudia Sheinbaum said Wednesday, calling on the United Nations to look for a peaceful solution and avoid any bloodshed.

Brazilian President Luiz Inácio Lula da Silva has also urged Trump to pull back from confrontation. “The power of the word can outweigh the power of the gun,” Lula said he told Trump recently, offering to facilitate talks with the Maduro government.

But Chile’s right-wing president-elect, José Antonio Kast, said he supports regime-change in Venezuela, asserting that it would reduce migration from Venezuela to other nations in the region.

“If someone is going to do it, let’s be clear that it solves a gigantic problem for us and all of Latin America, all of South America, and even for countries in Europe,” Kast said, referring to Venezuelan immigration.

In his Tuesday post, Trump said he had ordered a “complete blockade of all sanctioned oil tankers going into, and out of, Venezuela.” While potentially devastating to Venezuela’s economy, the fact that the blockade will only affect tankers already sanctioned by U.S. authorities does give Venezuela some breathing room, at least for now.

Experts estimated that only between one-third and one-half of tankers transporting crude to and from Venezuela are likely part of the so-called “dark fleet” of sanctioned tankers. The ships typically ferry crude from Venezuela and Iran, two nations under heavy U.S. trade and economic bans.

However, experts said that even a partial blockade will be a major hit for Venezuela’s feeble economy, reeling under more than a decade of of U.S. penalties. And Washington can continue adding to the list of sanctioned tankers.

“The United States can keep sanctioning more tankers, and that would leave Venezuela with almost no income,” said David A. Smilde, a Venezuela expert at Tulane University. “That would probably cause a famine in the country.”

The growing pressure, analysts said, will likely mean the diminishing number of firms willing to take the risk of transporting Venezuelan crude will up their prices, putting more pressure on Caracas. Purchasers in China and elsewhere will also likely demand price cuts to buy Venezuelan oil.

Trump has said that Maduro must go because he is a “narco-terrorist” and heads the “Cartel de los Soles,” which the While House calls is a drug-trafficking syndicate. Trump has put a $50 million bounty on Maduro’s head. Experts say that Cartel de los Soles is not a functioning cartel, but a short-hand term for Venezuelan military officers who have been involved in the drug trade for decades, long before Maduro or his predecessor and mentor, the late Hugo Chávez, took office.

In his comments on Tuesday, Trump denounced the nationalization of the Venezuelan oil industry, a process that began in the 1970s, when Caracas was a strong ally of Washington.

Echoing Trump’s point that Venezuela “stole” U.S. assets was Stephen Miller, Trump’s homeland security advisor, who declared on X: “American sweat, ingenuity and toil created the oil industry in Venezuela. Its tyrannical expropriation was the largest recorded theft of American wealth and property.”

Among those believed to be driving Trump’s efforts to oust Maduro is Secretary of State Maro Rubio, the son of Cuban immigrants to Florida. Rubio has long been an outspoken opponent of the communist governments in Havana and Caracas. Venezuelan oil has helped the economies of left-wing governments in both Cuba and Nicaragua.

Christopher Sabatini, a senior fellow for Latin America at Chatham House, said Rubio has been on a long-time campaign to remove Maduro.”He has his own political project,” Sabatini said. “He wants to get rid of the dictators in Venezuela and Cuba.”

Staff writers McDonnell and Linthicum reported from Mexico City and Ceballos from Washington. Contributing was special correspondent Mery Mogollón in Caracas.

If you’re bored of theme parks with long queues and greasy food, a new ‘luxury’ theme park will be opening in 2026 that promises a much more upmarket experience including “five-star hospitality”

A day out at a theme park is hardly what you’d call a luxury experience. While it’s nice to enjoy a day of family-fun, having to queue for 30-second rides and fight the crowds isn’t exactly relaxing.

However, an upmarket resort chain now aims to elevate the average theme park experience. Billed as “the world’s first-ever luxury theme park”, BON (beauty of nature) is set to open in autumn of 2026 for guests of VidantaWorld Nuevo Vallarta in Mexico.

There are ambitious plans for this new theme park, which will eventually have multiple lands including 23 attractions, 25 restaurants, lounges, and shops across the site. It’ll feature both thrill rides and family-friendly options, as well as immersive experiences and playgrounds.

Guests of VidantaWorld Nuevo Vallarta, a resort featuring a 5-star hotel, golf course, and direct beach access, already have access to select attractions within the theme park. The park recently opened Cirque du Soleil LUDÕ, a spectacular water-based show that takes place in a custom-built theater costing $ 200 million (£ 148 million) for an immersive dinner experience. The theatre is surrounded by a wrap-around aquarium for a 360-degree undersea experience.

Two of the theme park’s seven planned lands are also open for guests to preview. There’s Wonder Bay, which includes a lake show and seasonal celebrations. Until January 11, a Christmas theme is in effect, featuring decorations, live performances, and festive meet-and-greets.

Adventure Valley is also open, featuring the serene Carousel of Colors and the family-friendly Time Quest. There’s also Tempest Towers, a ride that takes you to new heights before plunging you down, and Kids Cove playground with plenty for them to explore. Some of the park’s shops and restaurants are also open, offering visitors a glimpse of what the park will be like.

Once fully open, visitors will be able to enjoy rides such as the Tecuani Beast, set to be Latin America’s only double-launch coaster. This will have top speeds of 65mph and more airtime than any other rollercoaster in the region. Another attraction will be the floral-themed Floresta Drop, which will be a family-friendly ride.

There will also be a variety of eateries offering an elevated experience compared to the typical theme park fare. This includes authentic Mexican cuisine offerings, sushi restaurants, and American-style grills.

The park will also feature numerous surprises around every corner, including costumed entertainers, light shows, fireworks, and much more. The company VidantaWorld, who already have two beach resorts in Mexico and a mega yacht, want to create a “multi-generational” experience, with something for all ages.

READ MORE: Brit Benidorm megafans spend Christmas at all-inclusive with Chinese buffet and bottomless boozeREAD MORE: ‘Entitled woman banned me from reclining plane seat and shoved my chair’

The news comes as a popular European theme park is set to get a new world based on the Harry Potter series. LEGOLAND Deutschland in Germany confirmed the creation of a new Wizarding World based on J.K. Rowling’s popular franchise. Details will be released in the next 12 months and are set to include Harry Potter themed accommodation.

Disneyland Paris is also set to get a brand new attraction, and has confirmed that the World of Frozen, based on the Frozen movies, will open on March 29, 2026. The area is set to include a brand new ride, character meet and greets, new shows, and exclusive food and drink.

Have a story you want to share? Email us at webtravel@reachplc.com