21 DECEMBER 2015

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Article from BTNews 21 DECEMBER 2015

Delta on expansion trail

New investments and codeshare agreements are helping Delta Air Lines to expand its global network by opening up India and growing its presence in Mexico. 

The US carrier and KLM have signed a codeshare agreement with Jet Airways to enable passengers flying from Europe and America via Amsterdam to access more destinations in India.

From 27 March, subject to government approvals, Delta and KLM passengers will be able to connect to Jet Airways’ new daily services to Delhi and Mumbai.

Onward destinations in India initially include Hyderabad, Bengaluru, Chennai, Ahmedabad, Goa, Kochi, Kolkata and Amritsar, as well as Dhaka (Bangladesh), Kathmandu (Nepal),  and Colombo (Sri Lanka). 

Delta is also increasing its stake in Grupo Aeromexico with a plan to acquire up to an additional 32% of the outstanding capital stock and strengthen the two airlines’ partnership and provide more travel options in Mexico for passengers.

Delta currently owns some 4.1% of the outstanding shares of Grupo Aeromexico with an option to acquire 8.1% more. Separately, the Delta pension trust holds options for 4.6%. Completion of the deal will mean Delta and the trust would own and/or have options to acquire up to 49% of the shares.  www.delta.com    www.jetairways.com    www.aeromexico.com

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