Tuesday, August 3, 2010

Mexicana Airlines Files For Bankruptcy

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.
The Mexico City-based airline promised to contact passengers with tickets on canceled flights for a refund or to rebook them on another Mexicana flight or with another carrier.

7 comments:

  1. Now that is ironic!!! Mexicana airlines going bankrupt due to rising labor costs!! Who would have thought...

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  2. If an airline that pays baggage handlers in mexico city $1.00 an hour, cant make it,the whole airlines business is in trouble. Time to take out those Naked body scanners, so pedophiles in the industry cant get off on the passengers.

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  3. No Worries all, I'm sure Bernanke, Geithner & Obama will classify Mexicana Aitlines To Big To Fail.

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  4. I hope they work things out. This is my favorite airline...

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  5. I hope they go under, and also the big carriers, so they get the message that the people will not stand for the cancer giving full body scanners. Boycott!

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