Delta Air Lines bought 32% from Aeromexico

At the auction, Delta Air Lines bought 32% from Aeromexico for 620 million dollars.

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Delta Air Lines bought 32% from Aeromexico for 620 million dollars. In a bid, Delta purchased the 228 million-share package at the price of $ 2.71 / share. Thus, Delta came to own 36.2% of the Mexican carrier.



Delta Air Lines owns 36.2% of Aeromexico

At the same time, Delta has options to purchase another 12,8% stake in Aeromexico shares, so it could reach 49%.

Delta has expressed its intention to buy 49% from Aeromexico from 2015. In 2016, the 2 companies received approval for a joint venture (JV).

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