Yesterday, the US Bankruptcy Court approved Aeromexico’s Chapter 11 plan. The airline is now set to exit Chapter 11 proceedings after more than a year and a half under financial reorganization. Moreover, if Aeromexico’s business plan is executed correctly, the carrier’s financial performance will be among the top tier relative to competitors.
Aeromexico’s Chapter 11 plan approved
On Friday, January 28, the US Bankruptcy Judge Shelley Chapman confirmed Aeromexico’s Plan of Reorganization, following a two-day hearing.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.