After I effectively 'buried Alitalia' in a series of Posts, only to be proved wrong, I have been loath to write an obituary on Mexicana. It appears this was a sensible move (I hate apologising) because there is light at the end of the tunnel for Mexico's premier Airline. Like Alitalia the plan involves a massive reduction in Routes, Fleet and Staff. Therefore a successful re-launch will depend on the Unions as much as refinancing. More on this from:
USA Today Travel 11th Nov 2010: Rescue bid: Mexicana may fly again,
Bloomberg Businessweek 10 Nov 2010: Mexicana Unions Get $155 Million Bid to Save Company
Airwise/Reuters 10 Nov 2010: Mexicana Picks Recovery Business Plan
As with Alitalia, I have a sentimental attachment to Mexicana, so I hope the Unions accept the reality of the situation and Mexicana does indeed fly again.
USA Today Travel 11th Nov 2010: Rescue bid: Mexicana may fly again,
Bloomberg Businessweek 10 Nov 2010: Mexicana Unions Get $155 Million Bid to Save Company
Airwise/Reuters 10 Nov 2010: Mexicana Picks Recovery Business Plan
As with Alitalia, I have a sentimental attachment to Mexicana, so I hope the Unions accept the reality of the situation and Mexicana does indeed fly again.
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