Adios Mexicana; North America's oldest airline ceases operations
After struggling against the odds for over three weeks, Mexicana de Aviacion, on 27-Aug-2010 announced that all operations, including those of the group's regional subsidiaries, MexicanaClick and MexicanaLink, would cease on 28-aug-2010. The not-unexpected outcome was attributed by Mexicana's new owners, Tenedora K to "the group's delicate financial situation when it changed owners a week ago, compounded by failure to reach agreements that would allow for the capitalisation of its three airlines."
Read More
This CAPA Analysis Report is 718 words.
You must log in to read the rest of this article.
Got an account? Log In
Create a CAPA Account
Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.
Inclusions | Content Lite User | CAPA Member |
---|---|---|
News | ||
Non-Premium Analysis | ||
Premium Analysis | ||
Data Centre | ||
Selected Research Publications |