joint venture News

U.S. Downgrade of Mexico Air Safety ‘Not About Aeromexico,’ Delta Says

The expected U.S. downgrade of Mexico’s aviation safety rating is not about the safety of Delta Air Lines Inc’s partner Aeromexico and will have little impact on customers, Delta’s president said on Tuesday. The planned downgrade by the U.S. Federal …

CEO of Top Battery Maker LG Chem Discloses JV Talks, Defends Split-Off

SEOUL — LG Chem, the world’s top electric vehicle (EV) battery maker, is in talks with a “couple” of automakers to create joint ventures to produce automotive batteries, Chief Executive Officer Hak Cheol Shin told Reuters on Friday. LG Chem …