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Mexicana de Aviacion sold to Posadas group for USD 1.45bn

Mexico City, Mexico - Aeromexico Group's privatization has been suspended

The financial enterprise Cintra has sold Mexicana de Aviacion to Posada Group for USD 1.45bn. Mexican Government owns a 50.5% of Cintra, and the rest belongs to banks, institutional investors and privates. Simultaneously, Cintra decided to suspend the privatization of Aeromexico group, which holds both airlines Aeromexico and Aerolitoral: to Cintra the offers received were not adequate to the value...

AVIONEWS - World Aeronautical Press Agency - 132161
Rome, Italy, 12/01/2005 14:44
AVIONEWS - World Aeronautical Press Agency

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