Tag Archives: revenuesharing

US orders Delta and Aeromexico to dissolve their revenue-sharing partnership

US orders Delta and Aeromexico to dissolve their revenue-sharing partnership

U.S. Transportation Secretary Sean Duffy is following through on his threat to force Delta and Aeromexico to dissolve their longtime partnership because of his concerns that Mexico isn’t being fair to U.S. airlines. Duffy announced Tuesday that the Transportation Department is revoking the antitrust immunity the airlines have had since 2016 that allowed them to price and schedule their flights jointly and …

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Bessent says unusual Nvidia, AMD revenue-sharing deal could be a ‘model’ for other industries

Bessent says unusual Nvidia, AMD revenue-sharing deal could be a ‘model’ for other industries

President Donald Trump surprised markets on Monday with a deal that was widely characterized as unusual: Nvidia and AMD will contribute 15% of their chip sales in China to the U.S. government. Treasury Secretary Scott Bessent has leaned into this new export revenue-sharing deal, saying it could serve as a blueprint for other industries. In a TV interview with Bloomberg …

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