Mexico City, August 31, 2012 – Grupo Aeroméxico (México: AEROMEX.MX) and Delta Air Lines Inc. (NYSE: DAL) plan to begin construction of a jointly operated aircraft maintenance, repair and overhaul (MRO) center at the Intercontinental Airport in Querétaro, next to that State’s Aerospace Park.
As part of a Memorandum of Understanding (MOU) and continuation of their commercial alliance, the carriers will invest equal amounts in a project to move work currently being done at the Guadalajara International Airport and expand MRO capabilities for their own aircraft and other carriers. The new facility’s heavy maintenance capacity will allow for up to seven aircraft to be serviced simultaneously.
Delta President Ed Bastian said, “With the site selection, the joint efforts now move to begin constructing this facility that will usher in lower maintenance costs without compromising the very high quality work that Aeroméxico provides Delta.”
While Andres Conesa, CEO of Grupo Aeroméxico noted that “This investment is a clear recognition of world class quality and service Mexico offers through its skilled manpower and particularly our company, as it will consolidate and complement the heavy maintenance and overhaul services both carriers have offered at the Grupo Aeroméxico maintenance base in Guadalajara over the last six years.”
This project represents one of the most important infrastructure investments in Mexican aviation history and proves that the joint efforts between the private and public sectors benefit the country's economic growth. Delta Air Lines acquired a 4.17 percent stake in Grupo Aeroméxico in June of this year.
About Grupo Aeroméxico
Grupo Aeroméxico, S.A.B. de C.V. is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. Its fleet includes Boeing 777, 767 and 737 aircraft and the latest Embraer 145, 170 and 190 models. The airline announced a major expansion plan in 2011, to acquire 20 new aircraft in the next 24 months. In 2012, the Group announced that it signed a letter of intent to buy Boeing 100 aircraft, including 90 Boeing 737 Max jet airliners and 10 Boeing 787-9 Dreamliners, becoming the largest investment plan in the history of aviation in Mexico.
Grupo Aeroméxico operates its main hub out of Terminal 2 in the Mexico City International Airport, and offers 550 daily flights to different cities in Mexico, the United States, Canada, Central and South America, Europe and Asia.
Aeroméxico is a founding member of SkyTeam, the global airline alliance partnering 17 airlines: Aeroflot, Aeroméxico, Air Europa, Air France, Alitalia, China Airlines, China Eastern, China Southern, CSA Czech Airlines, Delta Air Lines, Kenya Airways, KLM Royal Dutch Airlines, Korean Air, Middle East Airlines, Saudia, 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 earn and redeem miles through the different airline partners’ loyalty programs and enjoy the benefits offered at SkyTeam’s 503 airport lounges around the world. SkyTeam offers its 531 million annual passengers more than 14.000 daily flights to 983 destinations in 178 countries www.skyteam.com
About Delta Air Lines
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.
Airlines to expand maintenance, repair and overhaul capacity creating largest airline MRO facility in Mexico.