Delta, Aeromexico challenge US decision to dissolve joint venture
1. Delta and Aeromexico sue U.S. government over joint venture order. 2. The suit challenges an order to unwind flight coordination by January 1.
FAQ
Why Bullish?
If successful, the lawsuit could allow Delta greater market control, enhancing revenue. Historical precedent shows joint ventures can lead to increased profitability for airlines.
How important is it?
The outcome of the lawsuit directly influences Delta's operational strategy and market share in a key region.
Why Short Term?
The lawsuit's resolution is imminent, so impacts are expected soon. Similar past cases indicate swift market reactions upon regulatory decisions.