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Aeromexico Mulls U.S. Bankruptcy Filing Amid Travel Collapse

  • Carrier is weighing options including Chapter 11, people say
  • Bankruptcy would be third in six weeks in Latam region
Photographer: Susana Gonzalez/Bloomberg
Updated on

Grupo Aeromexico SAB is considering a Chapter 11 bankruptcy filing in the U.S. as the coronavirus pandemic ravages the airline industry, said people familiar with the matter.

The Mexican carrier is weighing its options and no final decision has been made, the people said, asking not to be named because the discussions are private. The company is working to coordinate with creditors on a restructuring, and is considering all the alternatives, one person said.