AKgringo
Elite Nomad
Posts: 5818
Registered: 9-20-2014
Location: Anchorage, AK (no mas!)
Member Is Offline
Mood: Retireded
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Aeromexico files for bankruptcy
The largest carrier in Mexico is filing for protection; https://www.msn.com/en-us/money/companies/aeromexico-files-f...
If you are not living on the edge, you are taking up too much space!
"Could do better if he tried!" Report card comments from most of my grade school teachers. Sadly, still true!
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David K
Honored Nomad
Posts: 64490
Registered: 8-30-2002
Location: San Diego County
Member Is Offline
Mood: Have Baja Fever
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Isn't it owned by the government???
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Bajaboy
Ultra Nomad
Posts: 4375
Registered: 10-9-2003
Location: Bahia Asuncion, BCS, Mexico
Member Is Offline
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Google for the win: Grupo Aeroméxico is a Mexican airline group that operates national flag carrier, Aeromexico and regional carrier, Aeromexico
Connect. The company is owned by a diverse group of private investors as well as by Fondos Banamex (a Citigroup subsidiary) and GBM. The company is
headquartered in Mexico City.
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SFandH
Elite Nomad
Posts: 6927
Registered: 8-5-2011
Member Is Offline
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And the airplane makers. Airbus is cutting 15,000 jobs, and Boeing? Man do they have problems.
I'd want SCUBA tanks filled with sanitized air before I got an airplane.
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paranewbi
Senior Nomad
Posts: 913
Registered: 4-15-2011
Location: San diego
Member Is Offline
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Just exercising an economic tool of commerce and exercise always builds strength.
Business have done this in the past and will in the future.
Nothing to see here, move on.
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pacificobob
Super Nomad
Posts: 2241
Registered: 4-23-2006
Member Is Offline
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any business using aircraft is tough in good times. i worked at 4 that went under.
at one they gave us Manila envelops with cash to buy fuel after credit was terminated. another one gave instructions to prevent repo guys from
seizing the aircraft. the only tougher biz is making airplanes. Boeing has operated like their hair was on fire since forever.
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mtgoat666
Select Nomad
Posts: 17335
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
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No sane person is going to get on an airplane this year. American just said yesterday they are selling/filling middle seats with fat, sweaty people
that cough.
No one is going to buy a seat on a plane in 2020 except a few flat earther anti-maskers, and jizzy
Woke!
“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America
will do for you, but what together we can do for the freedom of man.”
Prefered gender pronoun: the royal we
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msawin
Nomad
Posts: 371
Registered: 8-29-2003
Location: Grass Valley,Ca / Tripui
Member Is Offline
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I love Baja..... I own a house in baja sur 21 years. We we were down in February for our anniversary trip [ 41 years]
And when can we go back?
I will not fly DOWN...
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BajaNomad
Super Administrator
Posts: 4969
Registered: 8-1-2002
Location: San Diego, CA
Member Is Offline
Mood: INTP-A
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'Grupo Aeromexico SAB’s financing plan under its Chapter 11 bankruptcy protection filing could be ready in the next four to six weeks, Chief
Executive Officer Andres Conesa said. The voluntary filing will allow the company to weather the coronavirus pandemic however long it may last, Conesa
said in an interview Wednesday.'
https://news.bloomberglaw.com/bankruptcy-law/aeromexico-fina...
When I was young, I admired clever people. Now that I am old, I admire kind people.
– Rabbi Abraham Joshua Heschel
We know we must go back if we live, and we don`t know why.
– John Steinbeck, Log from the Sea of Cortez
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