VOICED : Aeromexico pide acogerse a ley de bancarrota en Estados Unidos por pandemia

VOICED : Aeromexico pide acogerse a ley de bancarrota en Estados Unidos por pandemia

Assessment

Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

Aeroméxico filed for bankruptcy under U.S. law to restructure its debt due to the COVID-19 pandemic's impact on aviation. The Chapter 11 process allows companies to reorganize while protected from creditor lawsuits. Aeroméxico, a leading airline in Mexico and Latin America, will continue operations without affecting ticket validity. It follows Latam and Avianca, which also filed for bankruptcy. The pandemic caused a 93% drop in flights in the region, with an estimated $18 billion loss. Recovery to pre-pandemic levels may take up to three years.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did Aeroméxico file for bankruptcy under U.S. law?

To avoid paying taxes

To merge with another airline

To restructure its debt due to COVID-19 impact

To expand its operations in the U.S.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Chapter 11 bankruptcy allow companies to do?

Restructure financially while being protected from creditors

Expand into new markets

Increase their workforce

Close down operations permanently

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which airlines filed for bankruptcy before Aeroméxico?

Emirates and Qatar Airways

British Airways and Lufthansa

Latam and Avianca

Delta and United

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what percentage did the number of flights drop in the region by May?

75%

93%

50%

100%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long is the recovery period estimated for Latin American airlines to reach pre-COVID-19 levels?

Three years

Five years

Two years

One year