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Mexicana Airlines

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BUSINESS
August 27, 2010 | By Hugo Martín, Los Angeles Times
Mexicana Airlines said Friday that it would suspend all flights as of Saturday morning, citing a "grave deterioration of finances" at Mexico's largest airline. Mexicana, the largest foreign carrier at Los Angeles International Airport, filed for bankruptcy protection Aug. 3, after announcing a cutback in service in the U.S. because of financial problems. The situation got worse Friday. Mexicana posted a statement on its website saying it was planning to suspend all operations, including domestic flights operated by sister company MexicanaLink and MexicanaClick.
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BUSINESS
August 4, 2010 | By Hugo Martín, Los Angeles Times
Mexicana Airlines, the busiest foreign carrier at Los Angeles International Airport, announced Tuesday that it had filed for bankruptcy protection in the U.S. and Mexico, blaming much of its financial trouble on high labor costs. The debt-ridden airline made the announcement one day after suspending a total of 31 flights in Mexico and across the U.S., including some of its departures from Los Angeles, New York, Chicago, San Jose, Sacramento, San Francisco and Oakland. At LAX, the airline put a hold on four of 15 daily flights to Puerto Vallarta, Guadalajara and Mexico City.
BUSINESS
August 4, 2010 | By Hugo Martín, Los Angeles Times
Mexicana Airlines, the busiest foreign carrier at Los Angeles International Airport, announced Tuesday that it had filed for bankruptcy protection in the U.S. and Mexico, blaming much of its financial trouble on high labor costs. The debt-ridden airline made the announcement one day after suspending a total of 31 flights in Mexico and across the U.S., including some of its departures from Los Angeles, New York, Chicago, San Jose, Sacramento, San Francisco and Oakland. At LAX, the airline put a hold on four of 15 daily flights to Puerto Vallarta, Guadalajara and Mexico City.
BUSINESS
May 29, 1990 | JUANITA DARLING, TIMES STAFF WRITER
Mexicana Airlines, a longtime customer of Boeing Co., announced Monday that it has agreed to purchase as many as 50 jetliners from European competitor Airbus Industrie. The deal, including options, could be worth as much as $2 billion. Airbus and Mexicana also announced plans to create a joint venture in Mexico to provide training and maintenance for airlines with Latin American routes.
BUSINESS
May 24, 1989 | From Associated Press
Mexicana Airlines will be sold to the private sector as part of President Carlos Salinas de Gortari's plan for invigorating the nation's economy, the government said. The Treasury Department announced late Monday that the International Bank will coordinate the sale of the state-owned airline to the Mexican or foreign bidder who makes the most attractive offer. The other government-owned airline, Aeromexico, was sold to a consortium of Mexican investors in November.
NEWS
April 10, 1986 | DAN WILLIAMS, Times Staff Writer
An explosion tore apart the Mexicana Airlines jet that crashed last week with the loss of 166 lives, but it is not yet clear whether the blast was caused by a bomb, a spokesman for Mexico's pilots union said Wednesday. Jaime Gonzalez was responding to news reports quoting airline crew groups in London and Mexico that one or two bombs ripped through the Los Angeles-bound Boeing 727 and sent it crashing into mountains about 80 miles northwest of Mexico City.
NEWS
September 1, 1986 | DAN WILLIAMS, Times Staff Writer
Before Sunday's tragedy over Cerritos, which claimed at least 70 lives, the most recent Aeromexico disaster occurred on Nov. 8, 1981, when a DC-9 exploded in the air en route from Acapulco to Guadalajara, killing all 18 passengers and crew members aboard. On July 27, 1981, another Aeromexico DC-9 crash-landed at the airport in Chihuahua, killing 29 passengers. And in June, 1973, 23 passengers and crew members died when an Aeromexico DC-9 crashed near Puerto Vallarta.
BUSINESS
August 3, 2010 | By Hugo Martín, Los Angeles Times
Mexicana, one of the largest air carriers between the U.S. and Mexico, suspended four daily flights from Los Angeles International Airport to Mexico on Monday, following news of financial problems at the Mexico City-based airline. Officials at LAX confirmed that daily flights from Los Angeles to Puerto Vallarta, Mexico City and Guadalajara were suspended at least until the end of the month. Mexicana operates 15 daily departures from LAX, carrying 1.3 million passengers annually.
BUSINESS
March 4, 1991 | From Times Wire Reports
Trying to get passengers flying again now that the Persian Gulf War is over, several domestic and international air carriers announced fare cuts over the weekend of up to 60%. The new discount offers from British Airways, Northwest Airlines, Mexicana Airlines and TWA came on top of several recent airline promotions touting low ticket prices.
BUSINESS
May 29, 1990 | JUANITA DARLING, TIMES STAFF WRITER
Mexicana Airlines, a longtime customer of Boeing Co., announced Monday that it has agreed to purchase as many as 50 jetliners from European competitor Airbus Industrie. The deal, including options, could be worth as much as $2 billion. Airbus and Mexicana also announced plans to create a joint venture in Mexico to provide training and maintenance for airlines with Latin American routes.
BUSINESS
May 24, 1989 | From Associated Press
Mexicana Airlines will be sold to the private sector as part of President Carlos Salinas de Gortari's plan for invigorating the nation's economy, the government said. The Treasury Department announced late Monday that the International Bank will coordinate the sale of the state-owned airline to the Mexican or foreign bidder who makes the most attractive offer. The other government-owned airline, Aeromexico, was sold to a consortium of Mexican investors in November.
BUSINESS
August 27, 2010 | By Hugo Martín, Los Angeles Times
Mexicana Airlines said Friday that it would suspend all flights as of Saturday morning, citing a "grave deterioration of finances" at Mexico's largest airline. Mexicana, the largest foreign carrier at Los Angeles International Airport, filed for bankruptcy protection Aug. 3, after announcing a cutback in service in the U.S. because of financial problems. The situation got worse Friday. Mexicana posted a statement on its website saying it was planning to suspend all operations, including domestic flights operated by sister company MexicanaLink and MexicanaClick.
TRAVEL
May 15, 1988 | BILL HUGHES, Hughes is a 30-year veteran travel writer living in Sherman Oaks
Mexicana Airlines' Senior Citizen Discount program has had several ups and downs over the past year--and was even dropped for a brief spell. It is back again, but with a few important modifications. The program provides a 10% discount on any published fare for passengers 65 or older. No longer available is the companion's discount, unless the companion is also 65 or older. And the blackout periods now include July and August and the Christmas holidays, from Dec. 15 to next Jan. 10.
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