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Mexicana investors look at resurrecting Click and Link operations

18-Feb-2011 2:39 PM

TG Group stated it is interested in reviving the Mexicana Click and Mexicana Link operations of the Mexicana Group, once the main airline has resumed operations (El Universal, 16-Feb-2011). TG Group is investing in Mexicana to rescue the carrier from insolvency, after it ceased operations in Aug-2010. Mexicana is in talks with IATA seeking to re-enter the Bank Settlement Plan (BSP) as it works toward exiting bankruptcy proceedings. The carrier has conducted test flights in Mexico and to the US to get recertified so it can resume operations.