Thursday, August 5, 2010

Mexicana Airlines Suspends Ticket Sales

I'm not sure how not selling tickets is going to help with the bankruptcy proceedings, but then again, I'm not a bankruptcy expert.

What I do know, is that they sure do lease a large percentage of their 61 aircraft fleet. Depending on how those lease agreements are structured, they may come out of bankruptcy a much, much smaller airline than they were when they went in.

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