Delta, Aeromexico File for Antitrust Immunity
March 31 2015 - 10:11PM
Dow Jones News
Delta Air Lines Inc. and Grupo Aeromexico filed for antitrust
immunity Tuesday, in an effort to compete on routes between the
U.S. and Mexico via a new joint venture.
The carriers are planning a $1.5 billion venture and applied for
antitrust immunity with the U.S. Department of Transportation as
well as with Mexico's Federal Economic Competition Commission.
Approval by both countries would allow the carriers to align their
networks and scheduling while sharing costs and revenue on flights
between the U.S. and Mexico.
In 2012, Delta invested $65 million in Grupo Aeromexico, the
parent company of Aeromexico. The two together offer about 4,000
weekly codeshare flights. Through the proposed joint venture, Delta
and Aeromexico say they plan to offer an expanded network as well
as improved connecting experience.
A joint venture between Delta and Virgin Atlantic Airways Ltd.
received antitrust immunity in 2013.
Write to Lisa Beilfuss at lisa.beilfuss@wsj.com
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