Delta Air Lines and Grupo Aeroméxico, S.A.B. de C.V. recently announced a joint cooperation agreement between the two airlines, which will allow the airlines to serve new destinations and expand competition.
The carriers also will invest in airport facilities including boarding gates and lounges, and can host joint marketing initiatives including sales.
“This historic agreement is very important for our customers, who will benefit from a greater choice of flights and connectivity between both countries,” Aeroméxico CEO Andres Conesa said. “For our employees, it represents an extraordinary opportunity for growth and the adoption of best practices that will make us the best alliance in the region.”
Delta will operate from seven connecting hubs in the United States while Aeroméxico will operate through three Mexican hubs.
The two airlines have partnered several times since 1994 when they formed a commercial cooperation agreement.
Delta purchased an additional 32 percent stake in Aeroméxico in March with the option of purchasing another 12.8 percent stake for a total of 49 percent.
The carriers sent confirmation to the U.S. Department of Transportation and the Mexican Federal Economic Competition Commission that all steps were finalized in the joint cooperation agreement.
Two years ago, the carriers filed an antitrust immunity application.