{"id":113390,"date":"2021-07-12T21:00:00","date_gmt":"2021-07-12T21:00:00","guid":{"rendered":"https:\/?p=113390"},"modified":"2021-07-13T00:41:43","modified_gmt":"2021-07-13T00:41:43","slug":"investors-from-several-countries-interested-in-reviving-mexicana-airlines","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2021\/07\/investors-from-several-countries-interested-in-reviving-mexicana-airlines.html","title":{"rendered":"Investors from several countries interested in reviving Mexicana Airlines."},"content":{"rendered":"\n

There is interest from Chinese, U.S., European and even Mexican investors to capitalize and resume Mexicana de Aviaci\u00f3n<\/strong>, an airline that ceased operations almost 11 years ago and has been in the tourist industry for a century, revealed Miguel \u00c1ngel Y\u00fadico Col\u00edn, general secretary of the National Union of Transport, Transformation, Aviation, Services and Similar Workers (SNTTTASS).<\/p>\n\n\n\n

See also: <\/em><\/strong>Founder of Interjet airline is ordered to be detained.<\/em><\/a><\/p>\n\n\n\n

“There are Chinese investors interested in capitalizing Mexicana de Aviacion, there are also U.S., European and Mexican investors,” said Y\u00fadico, Forbes<\/a> reported.<\/p>\n\n\n\n

A decade ago there were private Mexican and foreign investors with the money to rescue Mexicana de Aviaci\u00f3n, but the former president of Mexico, Felipe Calder\u00f3n Hinojosa, blocked all interested parties, said the union leader during the celebrations of the defunct company called “Mexicana: A Century of Mexico’s First Airline”.<\/p>\n\n\n\n

See also: <\/em><\/strong>Qatar Airways denies any plans to start passenger flights to Mexico.<\/em><\/a><\/p>\n\n\n\n

Mexicana de Aviaci\u00f3n stopped flying on August 28, 2010 to restructure its debts with its creditors. A few months later it was declared bankrupt.<\/p>\n\n\n\n

China Southern Airlines is one of the companies interested in capitalizing Mexicana de Aviaci\u00f3n, but the main obstacle has been the labor liabilities of 9 billion pesos, said Fausto Guerrero, president of the Association of Retirees, Workers and Former Workers of Mexicana Airlines (AJTEMA).<\/p>\n\n\n\n

“It is important to solve the problem of labor liabilities so that the company is born without any debts, because the insolvency proceeding gave 98% of all debts to be waived,” he commented.<\/p>\n\n\n\n

Guerrero recalled that they have also had discussions with other investors, whose names cannot be disclosed.<\/p>\n\n\n\n

Photo: Maarten Visser\/Wikimedia<\/a><\/p>\n\n\n\n

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