Radar > 236164

Cofece authorizes agreement between Aeroméxico and Delta

Cofece autoriza acuerdo entre Aeroméxico y Delta

Intel ID : 236164
Synopsis

Grupo Aeroméxico (BMX:AEROMEX.MX), a Mexican airline, announced that Mexico's antitrust regulator Cofece approved, with some restrictions, the alliance with US-based Delta Air Lines (NYSE:DAL), as reported by Grupo Aeroméxico through a press release on 2 May 2016.

Specifically, the two airlines planned to deepen their alliance, valued at USD 1.5bn to combine frequencies, prices, and markets. (see related intel)

The agreement conditions includes, transferring eight pairs of slots in Mexico City International Airport, and both airlines will evaluate the terms and requirements established by the Committee to determine what is appropriate with the joint cooperation agreement, among others.
(content in spanish)

Grupo Aeroméxico (BMX:AEROMEX.MX), aerolínea mexicana, ha anunciado que la autoridad antimonopolios de México (Cofece) ha autorizado, con ciertas condiciones, una anunciada alianza profunda con su socia estadounidense Delta Air Lines (NYSE:DAL), según ha informado Grupo Aeroméxico en un comunicado de prensa publicado el 2 de mayo de 2016.

En concreto, ambas aerolíneas han planteado la profundización de su alianza, valorada en USD1,500m para combinar frecuencias, precios y mercadotecnia (ver Intels relacionados).

Las condiciones del acuerdo incluyen, entre otras, la cesión de ocho pares de slots en el Aeropuerto Internacional de la Ciudad de México, y ambas aerolíneas evaluarán los términos y requisitos establecidos por la Comisión a fin de determinar lo que proceda en el marco de su acuerdo de cooperación conjunta.

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Intel ID 236164
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Grupo Aeroméxico
(31 Dec 2017)
Revenue: EUR 2.607,33m
Exchange Rate:
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verified
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Services and Distribution / Transport, Aviation and Logistics (Primary)
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35.10.02 Aviation
35 Industrials / 35.10 Transportation & Logistics

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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Primary Sector (TTRSC)
35.10.02 Aviation
35 Industrials / 35.10 Transportation & Logistics

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Website
Description

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