Airline

Citigroup sells off Aeromexico stake

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Citigroup sells off Aeromexico stake

Grupo Aeromexico confirmed over the weekend that Citigroup had sold its 16% holding in the airline to several parties, including former Aeromexico chairman Eduardo Tricio. Aeromexico confirmed that none would hold more than 5% of shares in the airline. Barclays Capital Securities Limited remains on 8% shareholding following its recent deal with Delta Air Lines.