Delta, Aeromexico kick off transborder joint venture

Delta Air Lines and Aeromexico have officially launched their antitrust immunised transborder joint venture. Unlike previous transnational, antitrust immunised JVs that Delta and other US carriers have entered into, the Delta-Aeromexico tie-up has not been set up for long-haul transoceanic flights. Rather, the two carriers will collaborate on sales and marketing initiatives —as well as investing in and co-locating airport facilities—for high-frequency transborder flying. Delta currently is engaged in a transatlantic antitrust immunised JV with Air France-KLM and Alitalia. It also has a transatlantic JV with Virgin Atlantic, in which it has a 49% ownership stake. In March Delta signed a memorandum of understanding with Korean Air to form an antitrust immunised transpacific joint venture. <br/>