Interjet Runs Out of Runway. Six Other Latin-American Carriers Already Liquidated or in Bankruptcy | Wolf Street

Budget airline Interjet, Mexico’s third largest carrier by passenger numbers, canceled its entire roster of flights on Nov. 1 and Nov. 2, leaving some 3,000 passengers stranded, due to its inability to pay for jet fuel.

If Interjet does collapse, it will become the fourth Latin American airline to cease operations since the virus crisis began, eight months ago, joining Latam’s Argentina operations, TAME in Ecuador, and Caribbean airline Liat, which are being liquidated.

Interjet Runs Out of Runway. Six Other Latin-American Carriers Already Liquidated or in Bankruptcy | Wolf Street