---
title: "Aeroméxico Wins U.S. Appeals Court Ruling Preserving Delta Joint Venture"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296604604.md"
description: "Aeroméxico and Delta Air Lines won a U.S. Court of Appeals ruling preserving their joint venture and antitrust immunity, reversing a DOT termination order. This decision maintains enhanced connectivity on Mexico-U.S. routes. Meanwhile, analyst ratings for Aeroméxico (AERO) remain neutral with a $20 price target, citing balance-sheet fragility despite positive earnings outlooks."
datetime: "2026-08-21T10:28:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296604604.md)
  - [en](https://longbridge.com/en/news/296604604.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296604604.md)
generator: "portal-rs"
---

# Aeroméxico Wins U.S. Appeals Court Ruling Preserving Delta Joint Venture

The latest announcement is out from Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR ( (AERO) ).

Grupo Aeroméxico announced that on August 20, 2026 the U.S. Court of Appeals for the Eleventh Circuit ruled in favor of Aeroméxico and Delta Air Lines, Inc. in their dispute with the U.S. Department of Transportation. The court vacated the DOT’s order that had sought to terminate approval of the Aeroméxico-Delta joint venture and its antitrust immunity, reversing a regulatory threat to the partnership.

With the ruling, the Aeroméxico-Delta joint venture and its antitrust immunity remain fully in effect, allowing both airlines to continue coordinating schedules and offerings on Mexico–U.S. routes. The decision preserves enhanced connectivity, broader network reach, more convenient service options and intensified competition for transborder customers, and Aeroméxico is reviewing the opinion and next steps with Delta and its legal advisers while pledging to keep the market informed of any material developments. 

The most recent analyst rating on (AERO) stock is a Hold  
 with a $20.00 price target.  
 To see the full list of analyst forecasts on Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR stock,  
 see the AERO Stock Forecast page. 

**Spark’s Take on AERO Stock**

According to Spark, TipRanks’ AI Analyst, AERO is a Neutral.

The score is held down primarily by balance-sheet fragility (high debt with negative equity) and weak technical momentum (below key moving averages with negative MACD). These are partially offset by a more positive earnings-call outlook (stronger second-half margin guidance and solid liquidity) and decent recent cash generation, though valuation remains less supportive due to a negative P/E and no dividend data.

To see Spark’s full report on AERO stock,  
 click here. 

**More about Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR**

Grupo Aeroméxico, S.A.B. de C.V. is a Mexican commercial aviation holding company whose subsidiaries operate passenger air services and loyalty programs. Aeroméxico, the group’s flagship global airline, runs a hub at Mexico City International Airport’s Terminal 2 and serves destinations across Mexico, the U.S., Canada, Central and South America, Asia and Europe, with a fleet of Boeing 787 and 737 and Embraer 190 aircraft.

Aeroméxico is a founding member of the SkyTeam alliance, which provides connectivity in more than 145 countries through 18 member airlines. The company, listed on the NYSE and BMV under the ticker AERO, positions itself as a key player in cross-border travel, particularly on routes between Mexico and the United States, where partnerships and joint ventures are central to its competitive strategy.

**Average Trading Volume:** 239,326

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** $2.09B

### Related Stocks

- [AERO.US](https://longbridge.com/en/quote/AERO.US.md)
- [DAL.US](https://longbridge.com/en/quote/DAL.US.md)

## Related News & Research

- [Delta, Aeromexico win court battle to keep joint venture](https://longbridge.com/en/news/296530746.md)
- [Aeromexico Wins Appeal Striking Down U.S. Move to Block Joint Venture](https://longbridge.com/en/news/296545698.md)
- [Aeroméxico files Annual Report on Form 20-F | AERO Stock News](https://longbridge.com/en/news/284840240.md)
- [Aeromexico Chief Commercial Officer Aaron James Murray sells 355,600 common shares for USD 562,415](https://longbridge.com/en/news/295959070.md)
- [Aeroméxico Reports Unaudited First Quarter                         2026 Results | AERO Stock News](https://longbridge.com/en/news/283564466.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**