Mexicana Files For Bankruptcy Protection
By Darren Shannon darren_shannon@aviationweek.com
WASHINGTON
Mexicana’s parent company has filed for bankruptcy protection for its main operating unit after declaring the carrier’s financial situation is “no longer sustainable.”
The filings for court-protected reorganization of Compania Mexicana de Aviacion (CMA) in Mexico and a procedural filing in the U.S. come a day after the carrier drastically reduced its U.S. services without explanation. The ...
