Mexicana Airline filed for bankruptcy three weeks ago, at which time the airline ceased ticket sales and altered some of its routes in order to cut costs. Last week a group of investors, Tenedora K, stepped in and for a short time the airline's situation looked more promising. Unfortunately, however, the new management made the decision to suspend all flights indefinitely as of today. According to the Mexicana website:
"The current administration received the company seven days ago under Business Reorganization (Concurso Mercantil) and technically bankrupt. Financial deterioration and lack of agreements force Grupo Mexicana to stop flying. Grupo Mexicana deeply regrets all inconveniences caused to its passengers."
Mexicana de Aviacion flew to over 65 domestic and international destinations, including the United States, Canada, Central America, South America and Europe. The airline was founded in 1924 and for many years was Mexico's biggest airline.
Passengers currently booked with Mexicana will need to make alternate travel arrangements. For more information on the airline's financial situation, or to apply for a refund, visit the Grupo Mexicana Informs website.
See a list of Mexican airlines.
This is so sad…
Flew Mexicana for the first time in Feb. 1979, SFO – PVR RT. All the booze you could drink plus a lovely filet mignon dinner, for all passengers. Great service, smiles, even a small mariachi with senoritas greeting us at the doorway to small customs area. Got a tiny sombrero key chain with a mini tequila bottle. Booze gone but chain/hat still adorn my XMas tree yearly. Fond memories.
Gary, Thanks for sharing your experience with Mexicana, although I think it makes me even sadder that the airline has folded