As part of a separate agreement, Delta and Aeromexico will expand their Maintenance, Repair and Overhaul (MRO) agreement with a new facility scheduled to open in the third quarter of 2013. The airlines will invest equal shares to establish a facility in Mexico that builds on existing repair work between the carriers, as well as third party airlines.
"The MRO agreement will represent significant savings for our maintenance group while continuing the extremely high quality work we receive from Aeromexico," said Delta President Ed Bastian. "The facility is a natural next step for the two airlines as we leverage the full benefits of our alliance."
About Grupo Aeromexico
Aeromexico, S.A.B. Ltd., is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. It has a fleet of Boeing 777, 767, 737 and the latest models of Embraer 145 and 190.
Grupo Aeromexico operates its main hub out of Terminal 2 in the Mexico City International Airport. The Group's airlines operate over 550 daily flights to different cities in Mexico, the United States, Canada, Central and South America, Europe and Asia.
Aeromexico is a founding member of SkyTeam, the global airline alliance comprised of the following 14 airlines: Aeroflot, Aeromexico, Air Europa, Air France, Alitalia, China Eastern, China Southern, CSA Czech Airlines, Delta Air Lines, KLM Royal Dutch Airlines, Kenya Airways, Korean Air, TAROM Romanian Air Transport, and Vietnam Airlines. SkyTeam offers all partner airline passengers a large global network with more destinations and frequencies, and improved connectivity. Passengers can accrue and redeem miles with the different partners' loyalty programs and enjoy the convenience provided at 465 airport lounges worldwide. SkyTeam offers its 474 million annual passengers more than 14,000 daily flights to 921 destinations in 168 countries. www.skyteam.com
About Delta Air Lines
Delta Air Lines serves more than 160 million customers each year, and was named by Fortune magazine as the most admired airline worldwide in its 2011 World's Most Admired Companies airline industry list. With an industry-leading global network, Delta and the Delta Connection carriers offer service to 355 destinations in 65 countries on six continents. Headquartered in Atlanta, Delta employs 80,000 employees worldwide and operates a mainline fleet of more than 700 aircraft. A founding member of the SkyTeam global alliance, Delta participates in the industry's leading trans-Atlantic joint venture with Air France-KLM and Alitalia. Including its worldwide alliance partners, Delta offers customers more than 13,000 daily flights, with hubs in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Paul, New York-JFK, Paris-Charles de Gaulle, Salt Lake City and Tokyo-Narita. The airline's service includes the SkyMiles frequent flier program, a world-class airline loyalty program; the award-winning BusinessElite service; and more than 50 Delta Sky Clubs in airports worldwide. Delta is investing more than $2 billion through 2013 in airport facilities and global products, services and technology to enhance the customer experience in the air and on the ground. Customers can check in for flights, print boarding passes, check bags and review flight status at delta.com.
Grupo Aeromexico received $65,000,000, from Delta Air Lines Inc. as part of Delta's investment in Mexico's flagship airline's capital stock.
ATLANTA, June 10 /PRNewswire-FirstCall/ -- Delta Air Lines (NYSE: DAL) today welcomed Vietnam Airlines as the newest member of the SkyTeam global airline alliance. With Vietnam's entrance...
The new facility's heavy maintenance capacity will allow for up to seven aircraft to be serviced simultaneously.
The companies signed a trade agreement that will allow them to offer passengers more destinations throughout the region.