Davis Polk & Wardwell is advising on a restructuring for Mexico’s leading airline, Aeroméxico—the third Latin American carrier to apply for Chapter 11 protection in the U.S. since COVID-19 grounded planes around the world.

U.S. Bankruptcy Judge Shelley C. Chapman of the Southern District of New York on July 1 granted the request by Aeroméxico for relief, including authority to pay critical vendors and honor customer programs and airline agreements.