Tag Archives: 1612

Mexican consortium Tenedora K buys 95% of Mexicana

Mexicana (Mexico City) has a new majority owner and savior. Mexican consortium named Tenedora K has acquired 95 percent of the shares of the troubled airline through private equity firm Advent International.

Read the full story from Reuters:

CLICK HERE

Copyright Photo: TMK Photography. Airbus A319-112 N612MX (msn 1612) taxies at Toronto (Pearson).

Mexicana needs at least $100 million to keep flying

Mexicana (Mexico City) needs at least $100 million to keep flying according to its CEO and this report by Reuters.

CLICK HERE

Copyright Photo: TMK Photography. Airbus A319-112 N612MX (msn 1612) taxies past the camera at Toronto.