Gradual Reduction of Operations at Mexicana Airlines
SOURCE: Mexicana Airlines MEXICO CITY–(Marketwire – August 9, 2010) – Mexicana Airlines to reduce flights Despite the gravity of its financial situation, Grupo Mexicana will make a concerted effort to continue operating with the cooperation of its unions and creditors Passengers already booked on flights will be the airline’s priority over the coming days Mexicana Airlines today announced that its financial situation has deteriorated substantially in the last week due to a series of events that have strangled the cash flows the airline needs to finance its day-to-day operations. One such event was IATA’s decision to suspend the carrier’s BSP sales channel, forcing it to suspend the sale and issuing of tickets indefinitely, with serious repercussions for MexicanaClick and MexicanaLink sales
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