Mexicana to be reborn as a military-run airline

From Reuters:

“The Mexican government will launch a military-run airline later this year, officials said on Thursday, made possible by the 815 million-peso ($48 million) purchase of the brand of defunct airline Mexicana de Aviacion.

Mexicana, which entered bankruptcy proceedings in 2010, was previously a major national carrier, but encountered financial turbulence several years after being privatized.Mexican President Andres Manuel Lopez Obrador has vowed to revive the airline to offer low-cost options to travelers, adding there is room in the domestic market for another airline.”

Go deeper:

https://www.reuters.com/world/americas/mexico-launches-military-run-airline-with-48-mln-purchase-mexicana-brand-2023-08-10/

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• Source: https://worldairlinenews.com/2023/08/12/mexicana-to-be-reborn-as-a-military-run-airline/