Mexicana de Aviacion: A turbulent life. Is this the end of the road?

"Reservation and issuing of tickets for flights operated by Mexicana Airlines (CMA) have been suspended indefinitely. However, Mexicana Airlines (CMA) will continue flying in the interest of protecting passengers who already have tickets and flight itineraries." The announcement appeared on the airline's website at 1800h on 04-Aug-2010. On 02-Aug-2010, management had filed for Mexico's equivalent of Chapter 11 bankruptcy protection and for Chapter 15 protection from seizure of its assets in the US, after failing to persuade unions to reduce staff and salaries. The airline is now struggling to maintain service and appears to be in its death throes.