Aeromexico rejects Chapter 11 rumours, studies short and medium term debt restructuring

21 June, 2020

Aeromexico announced (19-Jun-2020) the carrier is evaluating options to position itself in a "better financial position" following the impact of the COVID-19 pandemic. Aeromexico emphasised it "has not initiated, nor taken the decision to initiate a Chapter 11 restructuring process". The carrier stated it is "identifying additional financing sources" and "analysing several alternatives to reach a successful organised restructuring of short and medium term financial commitments". [more - original PR - Spanish]