Transportation Department orders end to Delta-Aeromexico joint venture

The Transportation Department has ordered Delta Air Lines and Aeromexico to dissolve their joint venture by the end of the year. The joint venture was originally established in December 2016, when then-President Barack Obama’s Transportation Secretary Anthony Foxx approved antitrust immunity for the two airlines. It allowed the companies to coordinate their pricing and sales, network plans, and frequent flier programs. Transportation Secretary Sean Duffy said Mexico has refused to follow the 2015 U.S.-Mexico Air Transport Agreement, giving the two joint venture companies an upper hand on U.S. carriers. “Empty...