AeroMexico receives court approval for its new Boeing order

AeroMexico Boeing 787-9 Dreamliner XA-ADG (msn 44426) PAE (Nick Dean). Image: 940207.

Grupo Aeroméxico, S.A.B. de C.V. has announced that following the information disclosed on April 23, 2021, regarding (i) Aeromexico’s agreement to increase its fleet with twenty-four (24) new Boeing 737 MAX aircraft, including Boeing 737-8 and Boeing 737-9 MAX and four (4) 787-9 Dreamliner aircraft as part of its restructured agreements with the manufacturer and certain lessors and (ii) Aeromexico’s related agreements with other suppliers and financial entities ((i) and (ii) collectively, the Company informs that the United States Bankruptcy Court for the Southern District of New York, presiding over Aeromexico’s Chapter 11 voluntary financial restructuring process, has approved Aeromexico’s entry into the Transactions.

Aeromexico will continue pursuing, in an orderly manner, its voluntary financial restructuring through Chapter 11, while continuing to operate and offer services to its customers and contracting from its suppliers the goods and services required for operations. The Company will continue to strengthen its financial position and liquidity, protect and preserve its operations and assets, and implement the necessary adjustments to face the impact from COVID-19.

Top Copyright Photo: AeroMexico Boeing 787-9 Dreamliner XA-ADG (msn 44426) PAE (Nick Dean). Image: 940207.

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