Grupo Aeromexico, S.A.B. de C.V.

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Case overview

Case Number:

1:20-bk-11563

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. May 03, 2021

    Aeromexico Gets Court OK For Slimmed-Down Boeing Deal

    A New York bankruptcy judge has given Mexican airline Grupo Aeromexico SAB de CV the go-ahead to amend a prebankruptcy deal to acquire two dozen planes from Boeing after cutting a deal to shave $800 million and unneeded aircraft from the contract.

  2. April 23, 2021

    Aeromexico Wants To Cut $800M From Pre-Ch. 11 Boeing Deal

    Mexican airline Grupo Aeromexico SAB de CV asked a New York bankruptcy court on Friday for permission to amend its pre-Chapter 11 petition agreement to acquire Boeing planes in hopes of saving $800 million and staving off potential lease rejection claims.

  3. August 20, 2020

    Aeromexico Gets Nod To Tap Into $1B Ch. 11 Loan Package

    Bankrupt Mexican airline Grupo Aeromexico SAB de CV received interim approval Wednesday from a New York bankruptcy judge to borrow a portion of a $1 billion Chapter 11 loan being provided by Apollo Global Management Inc.

  4. July 24, 2020

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

    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.

  5. June 30, 2020

    Aeromexico Announces Ch. 11 Restructuring Amid Pandemic

    Mexican airline Aeromexico announced Tuesday that it has filed a voluntary Chapter 11 petition in New York bankruptcy court, joining the list of airlines to acknowledge that the COVID-19 pandemic has negatively impacted their business.

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