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Mexicana de Aviación was declared bankrupt along with its subsidiaries Link and Click.
At the time of its closure, Mexicana de Aviación had 112 aircraft.
Grupo Posadas, owner of the airline, filed the bankruptcy request on August 2, 2010.
President Andrés Manuel López Obrador announced that in 2023 Mexicana de Aviación will enter operations, after the approval of the Senate of the Republic for the creation of a military airline that will operate under the name of this extinct airline.
The president added in his morning press conference that he is in talks with Boeing for the US company to be the aircraft supplier.
“I spoke with the general manager to insure the planes that are going to be used on the Mexicana de Aviación line, which is going to start operations this year,” the federal president revealed.
With 256 votes in favor, 219 against and zero abstentions, the deputies approved the Aviation Law with the aim of recovering Category 1 international security that Mexico lost 2 years ago and with it 15 percent of the flights to the United States.
At the end of 2010, Mexicana de Aviación declared itself with financial problems, leaving more than 8,000 workers unemployed and after 98 years of operations, for which he entered a commercial bankruptcy. Although it was not until 2014 when this company declared bankruptcy.
At the beginning of the year, the Aviation Pilots Union Association (ASPA) reported on the purchase-sale agreement with the federal government which included the CAT, two simulators, a building in Guadalajara and a flat in Mexico City. for 816 million 700 thousand pesos.
Mexicana de Aviación offered national and international routes in North America, Central America, the Caribbean, South America and Europe. While its main competition was Aeroméxico, as well as Volaris and Interjet. Mexicana was the fourth oldest airline in the world, along with KLM from the Netherlands, Avianca from Colombia and Qantas from Australia.
President Andrés Manuel López Obrador reported that Mexicana de Aviación will be under the supervision of the Ministry of National Defense (Sedena) and that flights will be more accessible to citizens.