Transportation Department cancels approval of Delta, Aeromexico venture

U.S Transportation Secretary Sean Duffy announced the USDOT terminated approval of Delta and Aeromexico’s joint venture agreement and withdrew antitrust immunity. “Since Secretary Duffy moved in July to protect consumers, Mexico has not taken meaningful action to remedy their noncompliance with the 2015 U.S.-Mexico Air Transport Agreement. Mexico’s non-compliance intervenes in the market to provide an unfair advantage to Delta and Aeromexico, who operated a price- and capacity-setting joint venture with conditional approval by USDOT,” the agency said in a statement.