Tag Archives: 24734

AeroMexico is coming to Rio de Janeiro

AeroMexico (Mexico City) has announced new service between Mexico City and Rio de Janeiro with four nonstop flights per week starting on June 29.

Rio de Janeiro thus becomes the second destination AeroMexico serves in Brazil and its 13^th destination in Latin America.

The AeroMexico flight schedules to this Brazilian city are:

Mexico City – Rio de Janeiro*

Flight number	Departure	Arrival	Frequency
AM 024	6:40 p.m.	06:20 a.m.	Monday, Wednesday, Friday and Sunday

Rio de Janeiro – Mexico City*

Flight number	Departure	Arrival	Frequency
AM 025	7:55 a.m.	5:05 p.m.	Monday, Tuesday, Thursday and Saturday

* Times published are local to each country and are subject to changes without notice.

Flights between the two cities will be operated with Boeing 767 airplanes configured with 171 seats, 30 in the front Clase Premier cabin.

Copyright Photo: Terry Wade/AirlinersGallery.com. Boeing 767-25D ER XA-EAP (msn 24734) completes its final approach into London (Heathrow).

AeroMexico:

Mexicana files for insolvency proceedings in Mexico and bankruptcy protection in the U.S.

Mexicana (Compania Mexicana de Aviacion) Boeing 767-25D XA-MXO (msn 24734) LGW (Richard Vandervord), originally uploaded by Airliners Gallery.

Compania Mexicana de Aviacion (Mexicana) (Mexico City) on August 2, filed a “Concurso Mercantil” or insolvency petition with a Mexico City district court to ensure the continued operation of the Company. Likewise, a Chapter 15 petition was filed with a New York bankruptcy court in order to obtain bankruptcy protection and injunction relief in both countries.

The “Concurso Mercantil” is a Mexican legal resource that guarantees the operation of companies that are unable to meet their obligations, while protecting those companies they do business with. Similar to Chapter 11 of the United States Bankruptcy Code and other similar legislations, this recourse grants companies a reasonable timeframe in which to reorganize themselves in an orderly manner while continuing to operate.

Mexicana will continue to operate.

The company filed because CMA’s costs, particularly those associated to flight crews are well above industry average; such costs must be brought into line with market conditions to allow the Company to reach a restructuring agreement with its creditors in order to secure its financial viability well into the future.

Only CMA has filed for insolvency proceedings. Mexicana Click and Mexianca Link operate independently of CMA and will therefore not be affected by the reorganization process.