TravelNewsAsia.com
Wed, 10 May 2017

Delta and Aeromexico Launch Joint Cooperation Agreement

Grupo Aeroméxico and Delta Air Lines have confirmed with the U.S. Department of Transportation (DOT) and Mexico’s Federal Economic Competition Commission (COFECE) that they have completed the steps required to launch their joint cooperation agreement (JCA) to operate transborder flights between the United States and Mexico

Delta and Aeromexico are now working together to enhance the customer experience on the ground and in the air by investing in airport facilities, boarding gates and lounges. The two companies will also be able to implement joint sales and marketing initiatives in both countries.

"The ability to cooperate fully with Aeromexico brings additional competition to one of the most dynamic transborder markets in the world,” said Delta’s CEO, Ed Bastian. “Our opportunity to leverage Delta’s experience and our proven record of successful joint ventures, together with a long history of working with Aeromexico, will make this a great JCA. We are now well positioned to provide significant benefits to our customers, our businesses and our employees.”

Aeromexico Boeing 787-9

Delta will provide service in the United States through its connecting hubs in Atlanta, Detroit, Los Angeles, Minneapolis-St. Paul, New York, Salt Lake City and Seattle; Aeromexico will offer greater access to Mexico through its hubs in Mexico City, Monterrey and Guadalajara.

Aeromexico CEO Andres Conesa said, “This historic agreement is very important for our customers, who will benefit from a greater choice of flights and connectivity between both countries. 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. We are also pleased that this agreement will help strengthen the relationship between Mexico and the United States by offering greater connectivity between the two countries than ever before.”

Delta and Aeromexico have a long history of working together. They launched their first codeshare in 1994. In 2011, Delta entered into an enhanced commercial agreement with Aeromexico, and in 2012, Delta invested USD$65 million in shares of Grupo Aeroméxico, the parent company of Aeromexico. In 2015, Delta and Aeromexico filed an application with the U.S. Department of Transportation and the Mexican Federal Economic Competition Commission (COFECE) seeking approval of the JCA covering transborder flights between the United States and Mexico. In 2016, both airlines accepted the conditions set by the authorities, and in 2017, they implemented the actions necessary to comply with the required remedies.

In March 2017, Delta completed a cash tender offer to acquire 32 percent of Grupo Aeromexico. With the completion of the tender offer, Delta owns 36.2 percent of the outstanding shares of Grupo Aeromexico and holds options to acquire an additional 12.8 percent for a total of 49 percent of the outstanding shares of Grupo Aeromexico.

See other recent news regarding: Delta, Aeromexico.

Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address to the right. You can also stay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
     
Sustainable Hotels and MICE. Exclusive HD video interview with Grace Kang, Managing Partner of Greenview Hospitality. Criteo Travel Flash Report 2016. Exclusive HD video interview with Mr. Daniele Beccari, Global Head of Travel at Criteo. Chef Fernando Arevalo, originally from Bogota, Colombia, worked his culinary magic in New York and Hong Kong before moving to Singapore where he is today the Executive Chef of Artemis Grill on the 40th floor of Singapore's newest green building - CapitaGreen.
Sustainable Hotels and MICE Criteo Travel Flash Report Colombian Chef in Singapore
Exclusive HD video interview with Mr. Hiroshi Sawabe, Executive Director of the Office of International Tourism, at JATA (Japan Association of Travel Agents). In this interview filmed on 24 September at the JATA Tourism Expo 2016 in Tokyo, Japan, Mr. Sawabe speaks to Steven Howard of TravelNewsAsia about the status of tourism within the country. HD Videos from Sabre's Travel Technology Exchange APAC 2016. Sabre, a leading technology provider to the global travel industry, hosted over 500 members of the Asia Pacific travel industry at its inaugural Asia Pacific Travel Technology Exchange (TTX) conference in Beijing from 21 to 24 September 2016 Spa and Wellness Industry - HD Video Interview with MD of Thailand-based Destination Spa Management, Joy Menzies.
Japan Tourism Update Sabre TTX APAC 2016 Destination Spa Management
Jonathan Wigley, CEO of Travelodge Thailand, outlines expansion plans in HD Video Interview. Exclusive HD video interview with Myanmar's Minister of Tourism and Hotels, H.E. U Ohn Maung, about the status of tourism in the beautiful and mystical country of Myanmar (formerly known as Burma). Birth of a Luxury Thai Hotel Brand - HD Video Interview with Christopher E. Stafford, Chief Operating Officer of the newly formed 137 Pillars Hotels & Resorts.
CEO of Travelodge Thailand Myanmar Tourism Update Birth of Luxury Thai Hotel Brand
This HD video tour of Thai AirAsia X's brand new 337-seat Airbus A330-300 aircraft was filmed at Don Mueang Airport in Bangkok, Thailand on 14 May 2014  Exclusive HD video interview with Jaime J. Bautista, President & Chief Operating Officer (COO) of Philippine Airlines (PAL) HD video of the interior and exterior of a Thai Vietjet Airbus A320-200.
Thai AirAsia X A330-300 PAL President & COO Thai Vietjet A320-200
Inside Qatar Airways Boeing 787-8 Dreamliner - HD Video It takes 800 workers between 65 and 80 days to assemble, install, test, paint, furnish and deliver an Emirates Airbus A380. Showers, Bars, Lounge - The Emirates Airbus A380 Has Them All - HD Video Tour Thai Airways International Takes Delivery of Brand New Boeing 777-300ER
Qatar Airways B787 Emirates A380 Thai Airways B777-300ER
Latest Travel News
Advertising
Advertising
Copyright © 1997-2017 ASIATravelTips.com/TravelNewsAsia.com