The staff cut envisages the cut of 975 non-unionized employees and 855 unionized employees, which will involve charges linked to layoffs of just over $31.5 million, according to a couple of motions filed with the bankruptcy court in the Southern District of New York, where the airline's case lies.

"To successfully restructure their businesses, debtors must realize significant labor savings and adjust the size of their employee base to reflect post-pandemic realities," AeroMexico said to justify the request that must be supported by the judge, Shelley C. Champman, to realize it.

For the airline, the staff cut will allow it to record recurring annual savings of about $44 million, and the judge is expected to grant her endorsement of the petition at the hearing scheduled for November 16.

These dismissals will be in addition to those of the 776 overcargos affiliated with the Trade Union Association of Aviation Overcargos of Mexico (ASSA) and the Unionof Aeronautical Industry Workers (STIA), the latter representative of the elements of the Connect division. For these settlements, the company has contemplated the payment of $6.2 million in settlements.

Reducing workforce, as well as fleet, is one of the conditions you must meet in order to access the $1 billion preferential financing you reached with New York's investment fund manager, Apollo Global Management.

AeroMexico still has pending the pilot reduction plan, represented by the Union Association of Aviator Pilots of Mexico (ASPA), the trade union organization with which it also negotiates a third modification to the conditions in its collective contract of work.

• Apollo Global Management Inc