(Bloomberg) -- President Donald Trump’s administration revoked antitrust immunity for the agreement between Delta Air Lines Inc. and Grupo Aeromexico to plan and price flights from the start of 2026. The US Department of Transportation, which warned of impending action in July, cited no improvement in Mexico’s anti-competitive behavior in the air travel market between the two countries, according to its ruling. Mexico’s government “continues along a path of market intervention and distortion that adverse ...

Michael Derrer Fuchs/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify Delta (DAL), Aeromexico ordered to unwind joint venture by start of 2026. (00:25) Trump's pick Stephen Miran confirmed as Fed governor. (01:49) Webtoon (WBTN) soars as Disney (DIS) picks minority stake, unveils new comics platform. (02:58) This is an abridged transcript. Delta Air Lines (NYSE:DAL) and Aeromexico (AERO) must end their joint venture by January 1, 2026. The Department of Transp ...

The Trump administration ordered Delta Air Lines and Aeromexico to end by Jan. 1 their nearly decade-old joint venture that allows them to coordinate schedules and prices for flights between the U.S. and Mexico."This action is necessary because of ongoing anticompetitive effects in U.S.-Mexico City markets that provide an unfair advantage to Delta and Aeromexico as two predominant competitors and create unacceptable actual and potential harm for stakeholders, including consumers," the Transportation Departm ...