Mexican Foreign Minister Marcelo Ebrard and his Saudi Arabian counterpart on Wednesday agreed to strengthen bilateral economic relations on the first day of the diplomat's 10-day tour of the Middle East and India, Mexico's government said, Reuters reported. Ebrard and Saudi Foreign Minister Prince Faisal bin Farhan Al Saud discussed investing in tourism and innovation, highlighting the need for a direct air route between Mexico and Saudi Arabia, the foreign ministry said in a statement.
Grupo Aeromexico announced today that it has completed its financial restructuring process, officially exiting chapter 11 under which it voluntarily entered in June 2020 in the midst of the worst crisis in the airline industry unleashed by the COVID-19 pandemic, AviaciOnline reported. Since then, the company has been going through a series of changes in the company’s structure and multiple negotiations with creditors, workers and institutions. According to Aeromexico, the value of the capital after the restructuring is approximately USD 2,564 million.