Mexican airline Aeromexico, which is in a Chapter 11 restructuring process, said on Tuesday it posted a $1.2b net loss for Q2 and laid off about 2,000 workers as the coronavirus pandemic roils the airline industry. “The commercial aviation industry faces unprecedented challenges stemming from a significant reduction in passenger demand worldwide,” the firm said in a statement. Mexico’s largest airline posted a 27.42b peso ($1.19b) net loss for Q2, as total revenues slipped by nearly 85% to some 2.61b pesos from 16.83b pesos a year earlier. Aeromexico, part-owned by Delta Air Lines, late last month became the third airline to file for bankruptcy protection in Latin America, where carriers hit by the coronavirus have had limited help from governments. Aeromexico’s revenue passenger kilometers dropped 92.6% during Q2 versus the same period a year earlier. During the second quarter, 529,000 passengers flew on Aeromexico, down 89.9% from a year earlier. “The evolution of the COVID-19 pandemic and the closing of borders in various countries were reflected in a significant reduction in the demand for air transport as of the third week of March,” Aeromexico said.<br/>