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UBS: Mexicana “unlikely to resume operations” after grounding

Compania Mexicana de Aviacion is unlikely to resume operations after grounding all its flights over the weekend, four weeks after filing for bankruptcy protection in Mexico and the U.S., UBS AG said.

Mexico labor minister not optimistic about Mexicana prospects

MEXICO CITY - Mexico's Labor Minister, Javier Lozano, said he isn't optimistic about the prospects of a group of investors for saving airline company Mexicana from bankruptcy, and rejected a proposal

With Borja gone, who will run Mexicana?

MEXICO CITY - Ownership changes at struggling airliner Grupo Mexicana appear to have left the company without a chief executive as it navigates bankruptcy proceedings, with the new owners remaining ti

Mexicana restarts ticket sales

The main unit of Mexicana said Wednesday that it had resumed ticket sales as it faces a showdown next week with creditors seeking to retrieve their aircraft from the Mexican airline.

Mexicana CEO: At least $100M required to keep carrier airborne

Mexico City - Debt-ridden airline Mexicana de Aviacion needs a cash injection of at least $100 million to keep flying, the company's chief executive said on Tuesday.

Mexicana urgently seeks buyer, in talks with 3 investors

Mexicana de Aviacion, the debt-laden Mexican airline teetering on the brink of bankruptcy, is in talks with three investor groups as it urgently seeks a buyer, a union official said on Monday.

Long-haul international flights suspended by Mexicana

Woes continue for Mexico's oldest airline, Mexicana, which announced on Monday the indefinite suspension of all but one of its long-haul international flights to destinations in Europe, North America

Ticket sales suspended by Mexicana

MEXICO CITY - Mexican airline Compania Mexicana de Aviacion has suspended ticket sales as it seeks to pressure the unions representing its workers to accept deep cuts to salaries and benefits.

Debt-ridden Mexicana files for bankruptcy protection in US and Mexico

Mexicana Airlines, the busiest foreign carrier at Los Angeles International Airport, announced Tuesday that it had filed for bankruptcy protection in the U.S.

Oneworld Alliance welcomes Mexicana on board

At midnight tonight, Mexicana will become part of oneworld, adding Mexico and Central America's leading airline to the world's leading quality airline alliance.

Mexicana airline will join oneworld alliance

Beginning November 10, 2009, Mexico and Central America's leading airline Mexicana, will become part of the oneworld® alliance.

Airline alliances differ in strategy

OneWorld wants to limit its size, while Star Alliance thinks of membership’s differentiation.

Midwest Airlines’ Boeing 717s to go to Mexicana

Boeing Co. said Monday that its financing segment agreed to lease 25 twin-engine 717 aircraft -- the bulk of them formerly operated by Milwaukee-based Midwest Airlines Inc.

Mexico awards Mexicana concession for new airline

MEXICO CITY — Mexico's Communications and Transportation Department has awarded Grupo Mexicana a concession to operate a new domestic airline.

Mexicana airline not shopping in battered sector

MEXICO CITY - Mexican airline Mexicana de Aviacion is not shopping for acquisitions, the company's chief said on Wednesday, despite expectations the slumping economy will lead to consolidation in the

Tourism this week in Latin America

ARGENTINA Preferred tourist destination