Aeromexico says it’s looking to restructure financial obligations, has not decided on Chapter 11

Aeromexico Friday said it was analyzing its options for an orderly restructuring of short and medium-term financial commitments, but said it had not decided to seek Chapter 11 protections in the United States. Aeromexico shares fell down more than 5% in early trading after a newspaper column said the Mexican airline was considering filing for bankruptcy. Aeromexico said it was currently identifying additional sources of financing, and said any restructuring would not disrupt its operations.<br/>
Reuters
https://www.cnbc.com/2020/06/19/aeromexico-says-its-looking-to-restructure-financial-obligations-has-not-decided-on-chapter-11.html?&qsearchterm=airlines
6/19/20