Bloomberg News

Mexicana Says Med Atlantica Is New Owner of Holding Company

May 11, 2012

Cia. Mexicana de Aviacion, the airline that filed for bankruptcy protection in 2010, said Med Atlantica is the new owner of its holding company’s shares, in an e-mailed statement today.

Mexicana was Mexico’s largest airline by passengers when it grounded flights in August 2010 and filed for bankruptcy protection days later with total liabilities of 17 billion pesos ($1.3 billion).

To contact the reporter on this story:

Carlos M. Rodriguez in Mexico City at carlosmr@bloomberg.net.

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net


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