Aeromexico Chapter 11
Aeromexico Reaches Agreement with Lessors
Grupo Aeroméxico, S.A.B. de C.V. (BMV: AEROMEX) today announced that the Company received approval by the United States Bankruptcy Court for the Southern District of New York to modify the majority of its existing aircraft equipment leases into power by the hour agreements that will substantially reduce Aeromexico's monthly aircraft and engine costs for the duration of the PBH period.