Airline Aeromexico To
Get MXN500M Infusion From Investors
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Mexican
airline Aeromexico's investors have committed to inject 500 million pesos
($37.9 million) into the company to help it cover financial shortcomings
resulting from the local outbreak of A/H1N1 influenza, a top official said
Thursday.
The flu
outbreak caused Aeromexico's load factors to sink to 50% in May, despite
capacity reductions the carrier implemented, Andres Conesa, the airline's
chief executive, said at a press conference.
Though
load factors have since rebounded to 70% - which actually is higher than
before the outbreak - Conesa said Aeromexico faces "some other maturities on
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