We are advising Iberia regarding the insolvency proceeding related to Peruvian Air Line S.A.C. (Peruvian Airlines) Iberia is creditor within the insolvency proceeding before Indecopi, since they submitted their request of recognition of credits. Because of this fact, they are constantly asking about the status and the strategy they must follow in order to ensure the payment of its credit. In this sense, we are constantly communicating with the authority (Indecopi) and have prepared various letters of request from Iberia, in order to know the status of the debtor’s case. Thanks to the last communication and approach to the authority, we were able to obtain the status of the file of Peruvian Airlines and corroborate that the appointment of a new liquidator was approved as well as other matters that allow us to know that the process is moving forward.
