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Aeromexico Files For Bankruptcy Protection

Grupo Aeromexico S.A.B. de C.V said that it has filed voluntary Chapter 11 petitions in the United States to implement a financial restructuring while continuing to serve customers.

The Mexican airline said it plans to use the Chapter 11 process to strengthen its financial position and implement necessary operational changes to address the impact of the ongoing COVID-19 pandemic and create a sustainable platform for the future.

The airline said its operations will continue. In July, it expects to double the number of its domestic flights and quadruple the number of international flights as compared to June.

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