Grupo Aeromexico trims losses in second quarter, posts 2.eight bln pesos decline

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Grupo Aeromexico trims losses in second quarter, posts 2.eight bln pesos decline


MEXICO CITY, July 20 (Reuters)Grupo Aeromexico, which operates Mexico’s largest airline, reported on Tuesday a internet lack of 2.eight billion pesos ($140.three million) within the second quarter, a pointy enchancment on the identical interval final 12 months.

Aeromexico AEROMEX.MX, which has been present process a reorganization underneath Chapter 11 of the Chapter Code in the USA, posted a 27.42 billion peso internet loss for the second quarter final 12 months. The airline recorded losses of 4.2 billion pesos within the first quarter of 2021.

Aeromexico’s revenues hit 10 billion pesos between April and Juen, practically 4 occasions as excessive as the identical interval final 12 months.

($1 = 19.9470 Mexican pesos)

(Reporting by Noe Torres and Abraham Gonzalez; Writing by Drazen Jorgic)

(([email protected]; Reuters Messaging: [email protected]))

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