Aeromexico Will Continue Flying and All Tickets, Reservations, Electronic Vouchers and Premier Points Remain Valid.
The Company Remains Focused on Health and Safety of Employees and Customers and has Implemented Enhanced Cleaning and Sanitization.
“Our industry faces unprecedented challenges due to significant declines in demand for air transportation,” said
Aeromexico’s operations will continue. In July the Company expects to double the number of its domestic flights and quadruple the number of international flights as compared to June. Aeromexico is committed to continuing to safely expand flight service in the coming months, in line with local regulations and customer demand.
Business Continuity
This U.S. Chapter 11 process is designed to allow companies to maintain regular operations and all current tickets, reservations, electronic vouchers and Premier Points will remain valid and available for use by customers according to the Company’s existing terms and conditions. Aeromexico will continue to operate in accordance with existing permits and concessions throughout this process.
The Company does not expect to be any changes to employees’ day-to-day job responsibilities, and employees will continue to be paid and receive benefits in the ordinary course of business. Aeromexico also intends to continue ordering goods and services from its suppliers and expects to meet its current commercial agreements with partner airlines, including its key and industry-leading Joint Cooperation Agreement with Delta Air Lines.
Aeromexico is also in talks to obtain new, preferential financing for the Company, as part of the restructuring within the reorganization procedure (which is known as “debtor-in-possession” or “DIP financing”). Aeromexico is confident that it will finalize formal commitments for DIP financing that, along with the Company’s available cash and subject to Court approval, would provide sufficient liquidity for Aeromexico to meet its obligations going forward.
Commitment to Health and Safety
Since the beginning of the pandemic, Aeromexico has implemented measures to protect the health and safety of its employees and customers in all phases of its operations, observing stringent health protocols and guidelines recommended by international authorities.
“Our main priority has always been to maintain a safe environment for our clients and collaborators, and we know that today it is more important than ever,” said
Additional information
Additional information about the Chapter 11 case is available by visiting Aeromexico’s dedicated website, https://vuela.aeromexico.com/reorganization. Access to Court filing and other documents related to this process can be found at https://dm.epiq11.com/Aeromexico- [dm.epiq11.com] or by calling Aeromexico’s restructuring information line at:
855-917-3578 (Toll free in the
503-520-4473 (International callers)
About Grupo Aeromexico
Media Contacts
AM-SVC@sardverb.com
Aeromexico’s Corporate Communication
amcomunicacioncorporativa@aeromexico.com
Investor Contacts
Investor Relations
aminvestorrelations@aeromexico.com
Aeroméxico amcomunicacioncorporativa@aeromexico.comSource: Aeroméxico
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