Delta Air Lines (DAL -11.5%) transfers $65M to Mexican carrier Grupo Aeromexico as part of its...

|About: Delta Air Lines, Inc. (DAL)|By:, SA News Editor

Delta Air Lines (DAL -11.5%) transfers $65M to Mexican carrier Grupo Aeromexico as part of its deal to purchase over 30M shares of the company's capital stock. The transaction marks the first equity investment in a national Mexican airline by a U.S. carrier. Shares of DAL continue to get smacked around on disappointment tied to an earlier release on passenger traffic.