Davis Polk is advising Grupo Aeroméxico, S.A.B. de C.V and certain of its affiliates (collectively, “Aeroméxico”) in connection with its restructuring under chapter 11 of the United States Bankruptcy Code. Aeroméxico intends to use the restructuring process to protect and support its ongoing business operations while it works toward a restructuring under a plan of reorganization.

On June 30, 2020, Aeroméxico filed voluntary chapter 11 petitions in the United States Bankruptcy Court for the Southern District of New York. At the hearing on July 1, 2020, Judge Shelley C. Chapman granted Aeroméxico all of its requested relief, including the authority to pay critical vendors and to continue to honor customer programs and airline agreements.

Grupo Aeromexico, S.A.B. de C.V. is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. Aeromexico, Mexico’s global airline, has its main hub at Terminal 2 at the Mexico City International Airport. Its destinations network features the United States, Canada, Central America, South America, Asia and Europe. The Group’s operating fleet is comprised of Boeing 787 and 737 jet airliners and Embraer 170 and 190 models. Aeromexico is a founding member of the SkyTeam airline alliance, which celebrated its 20th anniversary and serves in 170 countries by the 19 SkyTeam airline partners.

The Davis Polk restructuring team includes partners Marshall S. Huebner and Timothy Graulich, counsel Erika D. White and associates Stephen D. Piraino and Erik Jerrard. The litigation team includes partner James I. McClammy and associate Deborah S. Mazer. The finance team includes partner Vanessa L. Jackson. The capital markets team includes partner Maurice Blanco and associate Rebecca L. Roman. All members of the Davis Polk team are based in the New York office.

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