Delta-Aeromexico JV Gets Conditional Antitrust Immunity

By Eric Kroh (November 4, 2016, 4:07 PM EDT) -- Delta and Aeromexico on Friday were tentatively granted antitrust immunity for a $1.5 billion joint venture on flights between the U.S. and Mexico, on the condition that they divest enough takeoff and landing slots to ease competition concerns, the U.S. Department of Transportation said.

Delta Air Lines Inc. and Aerovias de Mexico SA de CV must divest slots sufficient to support 24 new daily transborder services from Mexico City International Airport and six from John F. Kennedy International Airport, the DOT said.

"The Department tentatively finds these conditions are necessary to prevent harm to consumers resulting from the carriers' dominant positions...

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