On Friday, April 29th, the Mexican Federal Economic Competition Commission (COFECE, Spanish acronym) delivered its resolution to Delta and Aeroméxico on the proposed Joint Cooperation Agreement (JCA) between the airlines. Currently, Delta and Aeroméxico are evaluating the terms, conditions and requirements established in the notification to determine a course of action.
The resolution issued by COFECE last week is an important step in the process to create the largest transborder aviation alliance between Mexico and the United States.
Last week, Delta issued a statement welcoming the vote of the Mexican Senate to ratify a bilateral air agreement between Mexico and the United States. The agreement, amongst other things, eliminates limitations regarding the number of airlines allowed to fly any route between both countries.
On March 31, 2015, Delta and Aeroméxico filed an application with U.S. Department of Transportation seeking antitrust immunity for a new Joint Cooperation Agreement (JCA) which would combine their operations between the United States and Mexico into a single joint venture. This application for antitrust immunity remains pending and is expected to be resolved later this year.
Delta and Aeroméxico will continue to operate under their current codesharing and other alliance agreements until the JCA receives all required regulatory approvals.