February 2023

February Jurisdictional Update – Mexico

Update provided by Andrés Remis with Santamarina + Steta.

  • Aeromar airlines shut down this week and bankruptcy proceedings will take place.  
  • New regulations are coming through as our aviation authorities try to regain category one grades with the FAA. The FAA downgraded Mexico to category two in terms of safety. Mexico has never been too long in that category, and our aviation authority is working on changing the grade.  
  • Congress is currently discussing the Mexican airspace security bill aiming to be a regulatory framework for the army to intercept aircraft and perform alternative actions to fight organized crime, narcotics, etc.  


I am fortunate to have found Ulrich. He is one of a select group of outside attorneys on whom I absolutely rely.

Extremely responsive, very helpful and highly knowledgeable: they understand the cultural issues faced by foreign firms – Santamarina y Steta

It is important to us to have attorneys in foreign jurisdictions with aircraft and/or aviation finance experience.  We have been happy with our L2b lawyers.

-Laura Ice, Textron Financial Corp.

I trust Ulrich’s judgment – his advice is both legally on point and commercially savvy. In reality, Ulrich functions more like an in-house attorney, since he acts on our behalf with very little supervision or direction required.

The L2b Aviation tax booklet has been so helpful to me and my practice!

-Andrea Villa, Harper Meyer, USA (Miami)

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