Aeromexico Gets Green Light To Dump 19 Planes In Ch. 11

Law360 (July 24, 2020, 2:58 PM EDT) -- A New York bankruptcy judge has ruled that Mexican airline Aeromexico can reject the leases on 19 aircraft, allowing it to shed 15% of its fleet that the company said is surplus to what it needs to operate in the COVID-19 air travel market.

U.S. Bankruptcy Court Judge Shelley Chapman granted Grupo Aeromexico SAB de CV's motion at a hearing Thursday, saying in her order that the rejection of the leases was in the best interest of the company and its creditors.

"This motion is part of the company's measures to ensure a more efficient and homogeneous fleet, in order to...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only

Court

Subscribers Only

Nature of Suit

Subscribers Only

Judge

Subscribers Only

Date Filed

Subscribers Only

Law Firms

Companies

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!