Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Mexican airline Interjet cancels all flights for Sunday

Published 11/01/2020, 07:58 PM
Updated 11/01/2020, 08:55 PM
© Reuters. FILE PHOTO: Interjet Airbus A320 aircraft are seen on the tarmac at Benito Juarez international airport in Mexico City

MEXICO CITY (Reuters) - Mexican airline Interjet cancelled all of its 19 flights scheduled for Sunday as a local newspaper reported that it had failed to meet payments on jet fuel.

Interjet announced the cancellations on its Twitter account and said the flights would be rescheduled starting Nov. 3. It later issued a statement noting that the coronavirus pandemic had hit the industry hard and had hurt the company's cash flow.

"Additionally, some of the company's aircraft have gone into maintenance, which has led to a restructuring of flight itineraries from this date," Interjet said.

Before the statement, newspaper Reforma quoted Mexican airport administration authority ASA as saying Interjet had not made advance payments on jet fuel for the second time since late September, and thus did not receive the fuel for its planes.

When asked for comment on the Reforma report, Interjet sent out the statement, which did not specifically address the fuel question.

ASA could not be reached for comment.

Like many airlines, Interjet has suffered severe disruptions to business because of the pandemic.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.