Mexicana Airlines suspended operations over the weekend, citing its "delicate financial situation." The carrier had been operating under creditor protection in both Mexico and the US since Aug. 3, and a Mexican business consortium called Tenedora K earlier this month acquired 95% of MX's holding company, Nuevo Grupo Aeronautico, in an attempt to rescue it (ATW Daily News, Aug. 24). But the new management said in a statement it had failed "to reach agreements that would ...

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