Grupo Aeromexico: Shareholders plan to purchase new equity under plan

By Sarah Lizee

Olympia, Wash., July 12 – Grupo Aeromexico, SAB de CV said it was informed by an existing group of Mexican shareholders that they have the intention of participating in the new equity to be issued by Aeromexico as part of its Chapter 11 reorganization plan.

The company said that it is not yet aware of any formal agreement.

Grupo Aeromexico, a holding company for commercial aviation, is based in Mexico City. The company filed Chapter 11 on June 30, 2020 in the U.S. Bankruptcy Court for the Southern District of New York under case number 20-11563.

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