Mexicana "in talks with three investors"

Mexico's Mexicana de Aviacion, the debt-laden Mexican airline under bankruptcy protection, now is in talks with three investor groups, its unions say.

The cash-strapped carrier already has stopped selling many forward tickets and suspended 15 international routes.

The company has a debt of around US$796 million and only owns nine of its 64 airplanes.

 

Mexicana "in talks with three investors"

Mexico's Mexicana de Aviacion, the debt-laden Mexican airline under bankruptcy protection, now is in talks with three investor groups, its unions say.

The cash-strapped carrier already has stopped selling many forward tickets and suspended 15 international routes.

The company has a debt of around US$796 million and only owns nine of its 64 airplanes.