Mexican Airlines goes bankrupt; suspends operations

In Mexico, one of the biggest airlines, Mexicana de Aviacion, is to suspend all flights, three weeks after filing for bankruptcy protection. Transport Minister Juan Molinar said the airline’s operations would definitively cease by today.

Mexicana had already axed some of its routes and had stopped selling tickets.The airline flew 220 routes to 65 destinations including London, Madrid, Montreal, Chicago and cities in Central and South America. The 89-year-old airline has debts of about 800 million dollars.