Thursday, November 11, 2010

Mexicana gets its spots back


A U.S. bankruptcy judge has ruled that airports in the United States cannot terminate contracts with Mexicana Airlines until a Mexican bankruptcy court determines the fate of the airline. Mexicana suspended all fights more than two months ago, but three groups of investors are said to be interested in the wreckage, hoping to get Mexicana flying once again. An investment group known as PC Capital appears to be ahead of the pack.


--
Jimm Budd
Reporting from Mexico City
Member of the Society of American Travel Writers

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