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Aeromexico Group, which operates the country’s main airline, said Friday that all its creditor groups voted in favor of its financial restructuring plan.
Aeromexico, which like other airlines suffered a collapse in demand due to the Covid-19 pandemic, had reported last week that 7 of the 8 classes of creditors of the firm had approved the proposal, which represented approximately 86% of the amount of credits.
In a statement, the company said this Friday that the eight types of creditors (88% of the credits) had already authorized the initiative, after the New York bankruptcy court that is handling the process ruled in favor of a motion for the airline for those who remained to cast their vote.
A hearing is scheduled for January 27 in the United States to confirm the financial restructuring plan of the company, whose shares have suffered a sharp swing in recent weeks amid speculation about its future.
As part of the process, its shareholders approved on Monday a capital increase of 4,267 million dollars, through the issuance of 682.1 billion ordinary shares, which will be paid through the capitalization of liabilities and the injection of new resources.
The company currently has 682.1 million shares in circulation.
