Mexicana announced it is in talks with potential new investors and hopes to make its return by 18-Apr-2011 (Dow Jones/Bloomberg, 09-Mar-2011). The bankrupt carrier has reportedly had proposals from five different groups including TG Group, BMC Financial, Avanza Capital and Ivan Varona. The carrier reportedly has until Aug-2011 to decide on an investor.
Mexicana in talks with potential new investors
9-Mar-2011 12:26 PM