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Aeromexico says it's looking to restructure financial obligations, has not decided on Chapter 11

Key Points
  • Mexican airline Aeromexico said it was analyzing its options for an orderly restructuring of short and medium-term financial commitments, but said it had not decided to seek Chapter 11 protections in the United States.
  • The company said it was currently identifying additional sources of financing, and said any restructuring would not disrupt its operations.
An airplane of Aeromexico sits on the tarmac at Mexico City's international airport, on November 28, 2017.
PEDRO PARDO | AFP | Getty Images

Mexican airline Aeromexico on Friday said it was analyzing its options for an orderly restructuring of short and medium-term financial commitments, but said it had not decided to seek Chapter 11 protections in the United States.

Aeromexico shares fell down more than 5% in early trading after a newspaper column said the Mexican airline was considering filing for bankruptcy.

Aeromexico, in a statement, said it was currently identifying additional sources of financing, and said any restructuring would not disrupt its operations.