Originally Posted by
notEnuf
The Aeromexico investment was definitely not a mistake. They (we) own half of the dominant Latin carrier and what amount to a country's flag carrier. People will fly them without ever considering their Delta affiliation. This is about global consolidation, not just 1 JV.
exactly correct
We were 11%, American was 25%, United 14% and Aeromexico 15% of the US Mexico transborder market. Nobody had heard of us outside of the beach markets and a little Mexico City.
We bought first place and as the leader, can set the price point.
We are in this for the long game.