Investors Buy Time For Mexicana

By Andrew Compart

It appears that the next 100 days will be critical for Mexicana following its “possible rescue” by a group of investors who initially provided $50 million to acquire the struggling carrier’s holding company.

A new investor group called Tenedora K, which includes Grupo Industrial Omega and Grupo Arizan, acquired 95% of Nuevo Grupo Aeronautico, the holding company for ...

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