Mexico’s Interjet to File for Bankruptcy Protection After Vote
- Embattled airline hasn’t flown since Dec. 11, records show
- Fleet has dwindled to four jets after most were repossessed
ABC Aerolineas SA de CV (Interjet) airplanes sit on the tarmac at Benito Juarez International Airport in Mexico City.
Photographer: Lujan Agusti/BloombergThis article is for subscribers only.
Interjet shareholders unanimously voted to approve a filing for bankruptcy protection, a move that would enable the Mexican airline to resume payments to employees that have been frozen for several months.
Alejandro del Valle, who took a 90% stake in the carrier late last year, led discussions over the filing with former majority owners and founders Miguel Aleman Magnani and his father, Miguel Aleman Velasco.