Mexican airline Aeromexico says will double domestic flights in July
Aeromexico said Thursday that in July it will operate twice as many domestic flights as it did in June and expects to increase its international operations four-fold over the same time. Aeromexico said last week it was analyzing its options for an orderly restructuring of its short- and medium-term financial commitments, adding that it had not decided whether to seek Chapter 11 bankruptcy protection in the US. The company said that in July it will add more flights to New York, Los Angeles, Madrid, Amsterdam, Paris and Seoul and will resume its operations from Mexico City to Austin, Tokyo and Sao Paulo. “With these adjustments, the airline expects to have operated 6,000 flights in July,” the company said. In Q1, Aeromexico reported a net loss of 2.5b pesos ($109.6m), hit by a weak economy as well as the coronavirus outbreak. It had total liabilities of 116.6b pesos as of March 31, according to its Q1 results.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-06-26/sky/mexican-airline-aeromexico-says-will-double-domestic-flights-in-july
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Mexican airline Aeromexico says will double domestic flights in July
Aeromexico said Thursday that in July it will operate twice as many domestic flights as it did in June and expects to increase its international operations four-fold over the same time. Aeromexico said last week it was analyzing its options for an orderly restructuring of its short- and medium-term financial commitments, adding that it had not decided whether to seek Chapter 11 bankruptcy protection in the US. The company said that in July it will add more flights to New York, Los Angeles, Madrid, Amsterdam, Paris and Seoul and will resume its operations from Mexico City to Austin, Tokyo and Sao Paulo. “With these adjustments, the airline expects to have operated 6,000 flights in July,” the company said. In Q1, Aeromexico reported a net loss of 2.5b pesos ($109.6m), hit by a weak economy as well as the coronavirus outbreak. It had total liabilities of 116.6b pesos as of March 31, according to its Q1 results.<br/>