{"id":99554,"date":"2020-09-04T16:00:35","date_gmt":"2020-09-04T16:00:35","guid":{"rendered":"https:\/?p=99554"},"modified":"2020-09-04T16:00:49","modified_gmt":"2020-09-04T16:00:49","slug":"volaris-seeks-funding-in-the-midst-of-the-coronavirus-crisis","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2020\/09\/volaris-seeks-funding-in-the-midst-of-the-coronavirus-crisis.html","title":{"rendered":"Volaris seeks funding in the midst of the coronavirus crisis."},"content":{"rendered":"\n

The Mexican airline Volaris<\/strong> said Friday that it intends to obtain financing for 3.5 billion pesos ($162.4 million dollars) to strengthen its capital structure, amidst the collapse in demand for flights around the world due to the coronavirus pandemic.<\/p>\n\n\n\n

Volaris said in a statement that it will analyze various options at an extraordinary shareholders meeting on September 18, including the issuance of debt, bonds or shares, increasing the capital stock or a public or private offering of shares.<\/p>\n\n\n\n

The low-cost airline plans to operate in September at 75% of its capacity, in terms of available seats per mile, after the capacity operated in May, June, July and August represented 11%, 37%, 55% and 70%.<\/p>\n\n\n\n

By Reuters<\/a>
(Report by Ra\u00fal Cort\u00e9s Fern\u00e1ndez, edited by Adriana Barrera)<\/p>\n\n\n\n

Photo: JTOcchialini \/ Wikimedia<\/a><\/p>\n\n\n\n\n<\/amp-auto-ads>\n\n\n\n

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