Aeromexico Announces Change Of Chairman Of The Board

MEXICO CITY, April 28, 2015 /PRNewswire/ -- (Mexico: AEROMEX.MX) -- Today Eduardo Tricio Haro conveyed to the Board of Directors and the Shareholders Meeting of the Company, his decision to step down as Chairman of the Board, while continuing as a Non Executive Director of Grupo Aeromexico's Board.

Furthermore, both the Board of Directors and the Shareholders Meeting approved the appointment of Javier Arrigunaga Gómez del Campo as Chairman of the Board of Directors of the Company.

All Directors recognized extensively the successful performance and leadership of Mr. Tricio at the helm of the Company. They acknowledged that during his tenure the largest capital expenditure plan in the history of Mexican aviation was agreed with the purchase of up to 100 Boeing aircraft. Moreover, agreements were reached with the Unions, strengthening the relationship with the labor force and operating performance was enhanced, which have generated value for all stakeholders and led to a sustained increase in the stock price.

Eduardo Tricio stated: "I am very pleased with the appointment of Javier Arrigunaga as Chairman of the Board. I am sure that he will be a great support to the next stage of growth of our company. On behalf of the Board and all our team, I welcome Javier".

Javier Arrigunaga commented: "I am very enthusiastic to continue the outstanding performance of Eduardo Tricio and am looking forward to working with our team of professionals at Aeromexico".

Javier Arrigunaga is a recognized executive with a long and distinguished career, both in the public and private sector, formerly Chief Executive Officer of Grupo Financiero Banamex and Chairman of the Mexican Banking Association.  Before joining Banamex in 2002, Mr. Arrigunaga was the Mexican Ambassador to the OECD. Previously, he worked for 15 years at the Mexican Central Bank, where he fulfilled different responsibilities.  Since 2007, Mr. Arrigunaga has been a member of Aeromexico's Board and member of the Executive Committee.

About Grupo Aeromexico

Grupo Aeromexico, S.A.B. de C.V., is a holding company with subsidiaries that are engaged in commercial aviation in Mexico as well as the promotion of passenger loyalty programs. Grupo Aeromexico, the largest airline from Mexico, operates more than 600 daily flights from its main hub out of Terminal 2 in the Mexico City International Airport. Its destinations network covers more than 80 cities in three continents: 45 in Mexico, 16 in the United States, 16 in Latin America, three in Europe, two in Asia and one in Canada.

The Company has currently a fleet of 120 Boeing 787, 777, 767, 737 and the latest models of Embraer 145, 170, 175 and 190. In 2012, Aeromexico announced that it signed a letter of intent to purchase 100 Boeing aircraft, 90 Boeing 737 MAX and 10 Boeing 787-9 Dreamliner; the largest capital expenditure program in Mexican aviation history.

As a founding member of SkyTeam, Aeromexico offers flights to more than 1,000 destinations in 178 countries through the 20 member airlines of the alliance, from which passengers can obtain different benefits with and enjoy the convenience provided at 516 airport VIP lounges worldwide. At the same time, as a result of the codeshares with Delta Airlines, Alaska Airlines, Avianca, LAN, TACA and TAM, Aeromexico offers a wide connectivity un countries such as the United States, Brazil, Canada, Chile, Colombia and Peru.
www.aeromexico.com   www.skyteam.com   http://disfrutaam.tumblr.com/

SOURCE Grupo Aeromexico, S.A.B. de C.V.

Related Links

http://www.aeromexico.com