Delta Air Lines invests $65 million in Aeromexico

Delta Air Lines and Grupo Aeromexico entered into a commercial alliance under which DL will invest $65 million in Aeromexico in exchange for ordinary shares in the Mexican airline. Benefits will include network-wide codesharing for all DL and AM flights between the US and Mexico, expanded codeshare flights within the carriers' domestic networks and to international destinations, and co-located airport facilities. DL CEO Richard Anderson said, "By forming an exclusive long-term ...