Report
ABC Aerolineas SA de CV
Locales 155 y 156, Periferico de la
Juventud 3501, PUERTA DE HIERRO I
Phone: +52 6144302546p:+52 6144302546 CHIHUAHUA, 31207  Mexico Fax: +52 6144302546f:+52 6144302546
Filed for Bankruptcy on 4/28/2021
On 3/22/2021, ABC Aerolíneas, S.A. de C.V., operating as Interjet, sought legal protection against creditors in Mexico and the US. It was also announced that the Company will seek to qualify for Chapter 11 Bankruptcy protection of the U.S. Bankruptcy Act.
On 4/28/2021, the Sixth District Court for Civil Matters in Mexico City admitted Interjet’s Bankruptcy claim and ordered the suspension of any seizure of assets.

Judge opens Interjet bankruptcy process


María Luisa Cervantes, holder of the Sixth District Court in Civil Matters in Mexico City, granted the lawsuit for commercial competition in the stage of bankruptcy against Interjet, in addition, ordered to temporarily stop any creditor embargoes.

The firm Aguilar Amilpa Abogados promoted this appeal to declare the airline bankruptcy and thus pay a debt of $250 million with suppliers and the tax.

The lawsuit was filed on April 13 for the purpose of initiating the liquidation of assets and assets in order to pay as much as possible to its creditors.

Cervantes instructed the Federal Institute of Trade Competition Specialists (IFECOM) to appoint a visitor within five days to review the company's financial situation and determine whether it complies with the insolvency principles provided for in the legislation.

"Turn the cars of the actuary of the adscription, so that it is constituted at the address of the merchant ABC Aerolíneas - Interjet's company name - and postpone it to the present trial".

"Running transfer with the lawsuit, annexes and letter of clarification, so that a term of nine days answers the claim, and exhibits the relationship of creditors," the resolution reads.

This week, the Extraordinary General Assembly of Interjet shareholders agreed to take the company into commercial competition, and that work begin for the airline's rescue.

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