President Andres Manuel Lopez Obrador of Mexico stated the Mexican Army is working on a proposal to create its own state-run airline according to Reuters.
The prospective airline could become airborne in 2023.
Meanwhile flag carrier AeroMexico is a joint venture partner with Delta, which controls 49% of the stock.
Delta took a $770 million charge on its investment after AeroMexico filed for Chapter 11 reorganization.
Top Copyright Photo: AeroMexico Boeing 787-9 Dreamliner N438AM (msn 43862) LAX (Michael B. Ing). Image: 956412.
AeroMexico aircraft slide show: