Interjet, Mexico’s third-biggest carrier, is in talks to sell an equity stake to American Airlines Group Inc. or United Continental Holdings Inc., said Chairman Miguel Aleman Velasco.
Bloomberg News reported Aleman Velasco declined to say how large a stake is for sale or what price it might fetch. No agreement has been reached, he told reporters Thursday in Mexico City.
“We’re going to associate ourselves with a foreign airline,” he said. “We’re talking with United and American.”
American has a marketing agreement with Interjet that lets the U.S. carrier book passengers on Interjet flights between Mexico City and five Mexican destinations.
“Interjet is a valued partner and we continue to look for ways to enhance and expand our commercial relationship,” said Matt Miller, a spokesman for American. He declined to comment on Aleman Velasco’s remarks.
A representative of United didn’t immediately comment.
The airline will begin flying to Toronto and Vancouver from Mexico City next year and eventually add routes from Cancun and Guadalajara, Aleman Velasco said.
Source: bloomberg.com