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Mexico: Interjet owner arrested in hotel

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There was an arrest in the vicinity of the Mexican airline Interjet. Major shareholder Alejandro del Valle was arrested at the Marriott Hotel Mexico City on September 9, 2021, according to local media reports.

The local prosecutor said that the shareholder was being investigated for alleged fraud in connection with the consumer credit service provider Crédito Real. An arrest warrant was issued that ultimately led to arrest.

Among other things, Bloomberg News reports that there are said to be problems in the area of ​​accounting at Crédito Real. It is said that there should be large-scale failures in the small business sector. The company's debt is said to be around $ 2,82 billion.

In the recent past, Interjet has had an eventful ownership structure, as the carrier has been sold several times. Alejandro del Valle currently holds 90,4 percent of the share capital through his company structure. An international arrest warrant has been issued against the former majority shareholder from whom del Valle acquired.

The airline is considered to be heavily indebted and has not been able to maintain flight operations for a long time. The carrier emphasizes in a statement that there is no connection between the incidents involving Crédito Real and Interjet. These would have no impact on the restart plans. According to their own information, a deal was achieved with lessors and the staff.

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