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Mexicana Airlines stops all operations indefinitely

Mexico City, Mexico - Failed last attempt to save the carrier, providing heavy cuts on workers salaries

Mexicana Airlines, the largest airline in Mexico and flag carrier, has suspended all operations after the failed attempt by the group of investors gathered by CEO Manuel Borja to revive the company. Investors were unable to reach agreement with unions to reduce costs, even though - as Borja himself said few weeks ago - they were willing to reduce the salaries of employees to save the company. Today...

AVIONEWS - World Aeronautical Press Agency - 1120153
Rome, Italy, 08/30/2010 18:28
AVIONEWS - World Aeronautical Press Agency

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