Delta Air Lines (NYSE: DAL) and AeromÃ©xico (BMV: AEROMEX) have been issued a final order issued from the US Department of Transportation granting them antitrust immunity and allowing the airlines to establish a joint cooperation agreement, the companies said.
The companies said once conditions requested by DOT and the Mexican Federal Economic Competition Commission have been fulfilled, the agreement will allow AeromÃ©xico and Delta to coordinate efforts to enhance the travel experience with expanded destinations and frequencies, improved connecting schedules and seamless operations.
The agreement will also allow the airlines to co-locate and invest in airport facilities by improving gates and lounges. The airlines will increase joint sales and marketing initiatives.
Delta will offer a strong presence in the United States through its hubs in Atlanta, Detroit, Los Angeles, Minneapolis-St. Paul, New York, Salt Lake City and Seattle; Aeromexico will offer larger access to Mexico through its hubs in Mexico City, Monterrey and Guadalajara.
Grupo Aeromexico, S.A.B. de C.V. is a holding company whose subsidiaries provide commercial aviation services and promote passenger loyalty programs in Mexico. Aeromexico, Mexico´s global airline, operates more than 600 daily flights from its main hub in Mexico City International Airport. Its route network spans more than 80 cities on three continents including 45 in Mexico, 18 in the United States, 15 in Latin America, four in Europe, four in Canada and two in Asia.
Delta Air Lines serves nearly 180 million customers each year. Delta and the Delta Connection carriers offer service to 323 destinations in 57 countries on six continents. Headquartered in Atlanta, Delta employs more than 80,000 employees worldwide and operates a mainline fleet of more than 800 aircraft.