The federal government of Mexico has reportedly reached an agreement to purchase the brand and a few of the assets of defunct Compania Mexicana de Aviación for 815 million pesos (US $42.6 million), according to the El Universal newspaper.

The rersurrected brand will be run by the military as a state airline.

President López Obrador announced the new Mexicana will launch operations in late 2023.

The original Mexicana ceased operations on August 28, 2010.

Top Copyright Photo: Mexicana Airbus A319-112 N790MX (msn 3790) YYZ (Brian Worthington). Image: 959853.

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