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Mexico's Mexicana de Aviacion Files for Bankruptcy
Mexico City, Mexico - The Airlines Assures its Situation won't Affect Flights or Operations
Compania Mexicana de Aviation, Mexico’s largest air carrier by the number of passengers, filed for bankruptcy with Mexico City and New York district courts and filed for protection from creditors in Mexico and US. The Chapter 15 petition, filed in the New York bankruptcy court, lists more than $500 million in assets and $1 billion in debt: in 2009, the airline felt the effect of the drop in demand f...
AVIONEWS - World Aeronautical Press Agency - 1119822
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency