By Sharay Angulo
MEXICO CITY, June 4 (Reuters) – Mexican airline Interjet hopes to strike a take care of collectors inside a yr so it may well re-start operations after it shut down in the course of the coronavirus pandemic in December, the agency representing it within the debt talks stated.
Shareholders of the service owned by ABC Aerolineas reached an settlement in April for Interjet to hunt industrial chapter to permit it to restructure $1.25 billion in liabilities. Interjet had additionally been struggling earlier than the pandemic.
Argoss Companions, the agency tapped to barter with Interjet’s collectors, informed Reuters in an interview on Thursday {that a} decide was anticipated to begin the chapter course of quickly.
Carlos Ortiz-Cañavate, a accomplice at Argoss, stated Mexican legislation requires a deal to be met with collectors inside a yr.
“At most, it is 365 days. The earlier we are able to fly once more, the higher,” he stated, with out giving a extra particular date.
Interjet’s spokesman, Carlos del Valle, stated it was too early to say when the agency may restart operations.
Igor Marzo, one other Argoss accomplice, stated Mexico’s tax authority is Interjet’s greatest creditor. He declined to state the quantity owed, and stated workers would have precedence on accumulating again pay.
The airline’s union, made up of greater than 5,000 folks, went on strike in January demanding again wages.
Marzo stated Interjet is speaking with potential traders who may assist the airline pay down its debt, however declined to call the potential funders.
“To maintain negotiating you want an influx of capital,” he stated.
(Reporting by Sharay Angulo, further reporting by Abraham Gonzalez, Writing by Daina Beth Solomon; Modifying by David Gregorio)
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