Tue, Apr 27, 2021
The Addition Of The First Aircraft Is Scheduled For This Year
Aeromexico has reached agreement to increase its fleet with twenty-four new Boeing 737 aircraft, including B737-8 and B737-9 MAX, and four 787-9 Dreamliner aircraft as part of the airline's restructured agreements with the manufacturer and certain lessors to incorporate new aircraft. Other suppliers and financial entities also participated in these transactions.
The addition of the first aircraft is scheduled for this year, with nine offering service beginning this summer season, and the rest arriving in the second half of 2021 and during 2022.
These transactions make it possible for Aeromexico to modify long-term maintenance contracts and reduce leasing costs of eighteen other aircraft that are part of the current fleet. Aeromexico estimates that reaching this agreement will lead to total savings of approximately 2 billion dollars.
The comprehensive agreements are subject to the approval of the United States Court for the Southern District of New York, in charge of Aeromexico's Chapter 11 voluntary financial restructuring process.
Andres Conesa, CEO of Aeromexico, stated: "These transactions show the confidence of our employees, customers, lessors, manufacturers, investors, and business partners in the future of Mexico's global airline. It will also give us flexibility to complete other negotiations and put Aeromexico on a strong path to exit Chapter 11 later this year."
Aeromexico's current fleet is comprised of 107 aircraft: 47 Embraer 190s, 42 Boeing 737s, and 18 Boeing 787 Dreamliners.
Aeromexico reports that it will continue pursuing, in an orderly manner, its voluntary financial restructuring through Chapter 11, while continuing to operate.
More News
Very High Frequency The frequency band between 30 and 300 MHz. Portions of this band, 108 to 118 MHz, are used for certain NAVAIDs; 118 to 136 MHz are used for civil air/ground voi>[...]
Aero Linx: Aviation Suppliers Association Established February 25, 1993, the Aviation Suppliers Association (ASA), based in Washington, D.C., is a not-for-profit association, repre>[...]
Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]
From 2021 (YouTube Version): Colorado Campus Offers aVariety Of Aerospace Entertainment And Education Wings over the Rockies Exploration of Flight is the second location for the Wi>[...]
Also: Paramotor Champ's, Electric Ultralight, ICON BK Update, Burt Rutan at Oshkosh! The Popular Rotorcraft Association is reaching out for help in rebuilding their private runway >[...]