Aeroméxico Joint Venture

Apr 17, 2018 | Aeroméxico, Code Shares, Ownership Stakes

Learn more about the Aeromexico joint venture. Every joint venture, code share, and ownership stake is unique. Learn more about what makes this relationship different from others. This page reviews the fundamentals surrounding the Aeromexico JV, including route structure and other important facts. In addition, this page discusses the timeline involved in this agreement, highlighting various milestones. Additional, detailed information on Aeromexico can be found on Wikipedia at https://en.wikipedia.org/wiki/Aeroméxico.

Timeline

  • Delta and Aeroméxico launch code shares
  • Delta buys a 4% equity stake in Aeroméxico
  • Delta increases ownership to 49%
  • Launch of joint venture

JV Fundamentals

  • Aeroméxico is the largest airline in Mexico
  • US/Mexico is the largest transborder market by seats, in the world
  • Before the JV, Aeroméxico and Delta ranked 3rd and 4th, respectively in trans-border operations behind American and United
  • Aeromexico and Delta (combined) now rank 1st in transborder operations
  • During the first full year of the JV:
    • 500 average weekly DAL transborder flights
    • 650 average weekly AM transborder flights
    • 1,150 average weekly transborder flights
  • Aeroméxico advertises they cost 30% less to operate than Delta
  • Aeroméxico Connect is Aeroméxico’s regional subsidiary

More about Aeroméxico

 

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