U.S. tentatively approves Delta-Aeromexico venture

November 4, 2016

The U.S. Transportation Department said on Friday it has tentatively granted antitrust immunity for a planned alliance between Delta Air Lines Inc (DAL.N) and Grupo Aeromexico SAB de CV (AEROMEX.MX) and proposed that the carriers divest some flight slots in New York and Mexico City.

The airlines plan to operate a joint venture between the United States and Mexico. The Transportation Department is proposing the carriers divest enough takeoff and landing authorizations to allow 24 new daily international flights from Mexico City and six new daily flights from New York's John F. Kennedy International Airport.

Opponents . . .

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