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Aeromexico Obtains Court Approval on Aircraft Fleet Transactions prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Aeromexico announces final approval of DIP facility by Chapter 11 Court Share Sign up here for GlobalData s free bi-weekly Covid-19 report on the latest information your industry needs to know. Grupo Aeroméxico has announced the receipt of final approval for $1bn senior secured superpriority multi-tranche debtor-in-possession (DIP) term loan facility. Alternative asset managers Apollo Global Management has secured court consent to provide a bankruptcy loan for Aeromexico, reported Bloomberg. The approval was given by Judge Shelley C Chapman of the United States Bankruptcy Court for the Southern District of New York. In August this year, the carrier filed for DIP financing motion to maintain adequate liquidity position after filing for voluntary Chapter 11 petitions in the US the previous month. ....
Aeromexico Reaches Agreement on Monumental Aircraft Fleet Transactions News provided by Share this article Share this article MEXICO CITY, April 23, 2021 /PRNewswire/ Grupo Aeroméxico, S.A.B. de C.V. ( Aeromexico or the Company ) (BMV: AEROMEX). Aeromexico has reached agreement to increase its fleet with twenty-four (24) new Boeing 737 aircraft, including B737-8 and B737-9 MAX, and four (4) 787-9 Dreamliner aircraft as part of the airline s restructured agreements with the manufacturer and certain lessors to incorporate new aircraft. Other suppliers and financial entities also participated in these transactions, resulting in a comprehensive deal that offers multiple benefits to the carrier. ....
Grupo Aeromexico Announces First Quarter 2021 Financial Results Publication Date News provided by Share this article MEXICO CITY, April 13, 2021 /PRNewswire/ Grupo Aeromexico S.A.B. de C.V. ( Aeroméxico ) (BMV: AEROMEX), Mexico s global airline, will publish its First Quarter 2021 earnings report on: Tuesday April 20 After market close. The financial report of the First Quarter 2021 can be accessed via Grupo Aeromexico s Investor Relations website: Grupo Aeroméxico confirms that its voluntary process of financial restructuring under Chapter 11 of the legislation of the United States of America, will be carried out in an orderly manner while it continues operating and offering services to its customers with the same quality that characterizes it, contracting from its suppliers the goods and services required for its operation. The Company will use the advantages of Chapter 11 to strengthen its financial position and liquidity, protect and pre ....
Aeromexico Reports February 2021 Traffic Results News provided by Share this article Share this article MEXICO CITY, March 5, 2021 /PRNewswire/ Grupo Aeromexico S.A.B. de C.V. ( Aeromexico ) (BMV: AEROMEX) today reported February 2021 operational results. Grupo Aeromexico transported 898 thousand passengers in February 2021, a 39.7% year-on-year decrease. Passengers carried were at 60.3% of February 2020 levels - domestic at 75.1% and international at 30.9%.
Aeromexico s capacity, measured in Available Seat Kilometers (ASKs) decreased by 46.4% year-on-year, which represented 53.6% of its February 2020 capacity.
Demand measured in Revenue Passenger Kilometers (RPKs) decreased by 57.9% year-on-year, which represented 42.1% of its February 2020 demand.
Aeromexico s February load factor was 66.1%, an increase of 0.7 p.p. versus January 2021 and a 14.0 p.p. decrease versus February 2020. Domestic load factor was 82.3%, an increa ....