MEXICO CITY (Reuters) - Grupo Aeromexico (>> Grupo Aeromexico SAB de CV) said on Tuesday that its board had determined that Delta Air Lines Inc's (>> Delta Air Lines, Inc.) offer to buy an additional 32 percent of its shares was fair.

Aeromexico said in a statement that its board members, shareholders and chief executive would participate in Delta's offer, which was increased earlier this month, assuming that circumstances do not change.

(Reporting by Christine Murray)

Stocks treated in this article : Delta Air Lines, Inc., Grupo Aeromexico SAB de CV