Aeromexico Files For Bankruptcy In US
AEROMEXICO FILES FOR BANKRUPTCY IN THE US AFTER “SIGNIFICANT REDUCTION IN DEMAND OF PASSENGERS”
(CNN) – The airline Aeromexico is filing for bankruptcy.
Citing a “significant reduction in demand” from passengers.
The company has initiated financial restructuring under Chapter 11 bankruptcy in the United States, a statement released on Tuesday said.
In the meantime, the Mexico City based airline will continue operations and adopting health protocols as the COVID-10 continues to spread.
The United States and South America have been some of the worst hit regions.
Mexico has reported more than 226,000 cases, including nearly 28,000 deaths.