Mexicana Airlines was the largest international airline in Mexico and the longest standing airline in North America, before filing for bankruptcy in Aug-2010.
It filed for Chapter 11-style bankruptcy on 2-Aug-2010 and for Chapter 15 protection of assets in the US on 4-Aug-2010. The carrier has filed with Mexican authorities to undergo restructuring, with a Chapter 15 bankruptcy protection in the US, safeguarding its assets there.
On 28-Aug-2010, Mexicana and its subsidiaries MexicanaClick and Mexicana Link suspended all operations.
On 7-Apr-2014 Mexico's Federal Judiciary Council declared Mexicana bankrupt and ordered a cessation to efforts at relaunching it as no credible investors were found. An administrator has been appointed to liquidate the storied carrier's remaining assets to repay obligations. Subsidiaries MexicanaLink and MexicanaClick were also declared bankrupt, though the carrier's MRO base will remain operational.
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