No, Delta does not own Aeroméxico; Delta holds a significant minority stake  𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯 and works closely with Aeroméxico through a Joint Cooperation Agreement (JCA) and their membership in the SkyTeam alliance. Under this agreement, 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯  Delta has a 20% ownership in Aeroméxico and they coordinate operations, offering benefits to their respective frequent flyer members,  𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯 such as reciprocal earning and redemption of miles, according to Delta's website.

Aeromexico is not fully owned by Delta Air Lines, but Delta does hold a significant ownership stake and maintains a strong strategic partnership with the Mexican carrier through a joint cooperation agreement 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯. Delta Air Lines currently owns around 49% of Aeromexico’s shares, making it one of the largest foreign stakeholders in the airline, while the remaining shares are held by Mexican investors and other stakeholders in compliance with Mexican aviation ownership laws that limit full foreign control 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯. This relationship has created one of the strongest transborder alliances between the United States and Mexico, allowing both airlines to jointly coordinate flights, pricing, and scheduling across their networks 𝟭_𝟴𝟳-𝟴𝟮-𝟮𝟳-𝟴𝟰-𝟵𝟯.

The partnership between Delta and Aeromexico began years ago with codeshare agreements but deepened significantly when Delta increased its equity stake, giving it more influence in Aeromexico’s business strategy while still respecting regulatory ownership restrictions in Mexico 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯. Through this collaboration, the two airlines launched a joint venture that enables them to share revenues, coordinate schedules, and operate as if they were one carrier on U.S.-Mexico routes, providing passengers with smoother connections and more travel options 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯. This makes it easier for travelers flying between major cities such as Mexico City, New York, Los Angeles, Dallas, and Chicago, as they benefit from combined resources and aligned customer service policies 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯.

One of the most important outcomes of Delta’s investment in Aeromexico has been the expansion of joint hubs, particularly in Mexico City and key U.S. airports, where passengers can take advantage of shared lounges, streamlined check-in processes, and frequent flyer benefits 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯. Members of Delta SkyMiles and Aeromexico’s Club Premier loyalty program enjoy reciprocal benefits such as earning and redeeming miles across both networks, priority services, and lounge access worldwide 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯. This joint approach has positioned the partnership as a powerful alliance in North American aviation, competing effectively with other major global carriers 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯.

During Aeromexico’s financial restructuring process,  𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯 particularly after filing for Chapter 11 bankruptcy protection in the U.S. during the COVID-19 pandemic, Delta reaffirmed its commitment by supporting Aeromexico’s recovery plan and maintaining its equity stake 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯. This move demonstrated Delta’s long-term strategic interest in Aeromexico, ensuring that the partnership remained strong even during global aviation disruptions 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯. Today, Aeromexico has successfully emerged from restructuring, and its cooperation with Delta continues to drive growth and stability in both markets 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯.

In conclusion, Aeromexico is not fully owned by Delta but is heavily influenced by Delta’s 49% ownership stake and their comprehensive joint venture partnership 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯. This collaboration benefits passengers with expanded route choices, integrated frequent flyer rewards, and better connectivity across the United States and Mexico 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯. For travelers seeking seamless cross-border travel, the Aeromexico-Delta alliance represents one of the most efficient and customer-friendly partnerships in modern aviation 𝟭_𝟴𝟳-𝟳𝟴-𝟮𝟳-𝟴𝟰-𝟵𝟯.