Mexico City, Mexico, December 22, 2022. Grupo Aeroméxico, S.A.B. de C.V. (“Aeroméxico” or the “Company”) (BMV: AEROMEX) informs that today, the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) issued a final decree (the “Final Decree”) closing the chapter 11 cases of the Company, and its subsidiaries Aerovías de México, S.A. de C.V., Aerolitoral, S.A. de C.V., and Aerovías Empresa de Cargo, S.A. de C.V. (collectively, the “Reorganized Debtors”).
Considering, among other things, that the Reorganized Debtors’ plan of reorganization, which became fully effective on March 17, 2022, has been substantially consummated and distributions on account of almost 100% of all eligible allowed claims have been made, the Bankruptcy Court determined that entry of the Final Decree was appropriate.
Davis Polk & Wardwell LLP and Sainz Abogados S.C. acted as Aeroméxico’s legal counsel, Rothschild & Co. acted as financial advisor, and AlixPartners, LLP acted as restructuring advisor to the Company.