Aeromexico (AM) said Monday that Delta Air Lines’ (DL) $65 million investment in the Mexico City-based airline, first revealed last year, has been authorized by relevant government officials, enabling DL to take a 4.17% stake in AM.
Delta 737-900ER. Aeromexico (AM) said Monday that Delta Air Lines’ (DL) $65 million investment in the Mexico City-based airline, first revealed last year, has been authorized by relevant government officials, enabling DL to take a 4.17% stake in AM. DL announced its intention to invest in AM last year as part of its overall push into the Latin American market. It also plans to similarly invest in Brazil’s GOL (ATW Editors’ Blog, Dec. 7, 2011). “This is the ...
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