Adds no remark from Delta
MEXICO CITY, July 9 (Reuters) – Aeromexico stated on Friday a bunch of Mexican shareholders and enterprise individuals had knowledgeable the airline they aimed to take part in a serious capital elevating as a part of the corporate’s Chapter 11 restructuring course of in the USA.
Aeromexico in an announcement stated it was unaware that any settlement had been reached up to now, however would offer particulars as and when one was in place. It additionally famous it anticipated the funding to be “substantial, controlling and long-term.”
Delta Airways DAL.N, which owned a noncontrolling 51% stake in Aeromexico as of Dec. 31, declined to remark. Delta took a $770 million cost on its funding final yr after the provider’s Chapter 11 chapter submitting.
Aeromexico didn’t present particulars on the identification of the shareholders and enterprise individuals.
The Mexican firm filed for Chapter 11 chapter safety in a U.S. courtroom final yr after the coronavirus pandemic slammed the worldwide journey business.
(Reporting by Raul Fernandez Cortes in Mexico Metropolis Extra reporting by Tracy Rucinski in Madrid Writing by Drazen Jorgic Modifying by Matthew Lewis)
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