Category Archives: Mexicana

Historic Photo of the Day – May 16, 2013

Compañía Mexicana de Aviación (Mexicana) Airbus A320-231 N405MX (msn 405) LAX (Roy Lock). Image: 912127.

Copyright Photo: Roy Lock.

Mexicana: AG Slide Show

Frameable Color Prints and Posters: AG Buy and Currency

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The return of Mexicana

Mexicana (Mexico City), reorganizing in bankruptcy protection, announced on May 11 that Med Atlantica had acquired the shares of its holding company and thus becomes the new owner of the grounded airline. The group hopes to relaunch MX in 2012. It must now seek bankruptcy court approvals and agreements with the creditors.

Mexicana suspended operations on August 28, 2010.

Read the full report by Bloomberg Businessweek: CLICK HERE

Copyright Photo: Ton Jochems.

Mexicana Slide Show: CLICK HERE

Mexicana hopes to fly again in April

Mexicana (Mexico City) hopes to relaunch operations in April following an injection of $300 million by Med Atlantica according to the Wall Street Journal.

MX previously ceased operations on August 28, 2010.

Read the full article: CLICK HERE

Copyright Photo: Rurik Enriquez.

Mexicana Slide Show: CLICK HERE

Mexicana to fly again, charter flights until November 20

Mexicana (Mexico City) is planning to fly again. If approved, the grounded carrier intends to operate three Airbus A320s for a series of charter flights through November 20. The flights could start as early as next Monday according to the unions and this report by Reuters. The flight crews have agreed to work for free.

Read the full report from Reuters: CLICK HERE

Mexicana Slide Show: CLICK HERE

Mexicana loses its last chance to restart operations

Mexicana (Mexico City) is now officially grounded for good. PC Capital had not delivered the promised investors to restructure the debt-ridden airline.

Copyright Photo: Please click on the photo for the full details.

A salute to Mexicana (slide show): CLICK HERE

Mexicana may resume operations in December

Mexicana (Compania Mexicana de Aviacion) (Mexico City) may be able to resume operations next month if a rescue plan is approved.

Copyright Photo: TMK Photography. Please click on the photo for additional details.

Mexicana, Mexicana Click and Mexicana Link all shut down


Nuevo Grupo Aeronáutico, S.A. de C.V. (“Grupo Mexicana”) (Mexico City) announced that as a result of the group’s delicate financial situation when it changed owners a week ago, compounded by failure to reach agreements that would allow for the capitalization of its three airlines, Mexicana Airlines, Mexicana Click and Mexicana Link flights suspended all operations until further notice as of midday (12:00 p.m.) on Saturday, August 28, 2010.

Among the factors that have contributed to this announcement are:

1. Grupo Mexicana’s fragile financial situation, which has deteriorated further over the last four weeks due to the previous management’s decision to suspend ticket sales, forcing the company to continue operating in the interests of passengers without receiving any revenue.

2. No substantial agreements were reached to give companies in the Group long-term viability.

3. Lack of effectiveness in the insolvency (Concurso Mercantil) process intended to protect additional financial resources available to the company so it could to continue operating.

4. Given the uncertainty of the situation, certain suppliers have begun demanding advanced payment of services that are essential to the airlines’ operations.

Compañía Mexicana de Aviación, S.A. de C.V., commonly known as Mexicana, was the first airline ever established in Mexico.

The company was established on July 12, 1921, by American residents in Mexico, L.A. Winship and Harry J. Lawson when the Compañía Mexicana de Transportación Aérea, S.A. (literally: “Mexican Company of Air Transport”), (CMTA) was awarded the Mexico City to Tampico route by the Mexican government. The purpose was to transport wages to the oil fields near Tampico, on the Gulf of Mexico. Mexicana’s first aircraft type was the Lincoln Standard, a two-seat biplane, starting operations with two airplanes of the type.

Copyright Photo: Manuel Delgado. Historic Photo: De Havilland Comet 4C XA-NAS (msn 6425) taxies past the camera at San Antonio.