Founded in 1921, Compañía Mexicana de Aviación, S.A. de C.V. (commonly known as Mexicana) was Mexico’s oldest airline and one of the oldest continuously single-branded airlines (after KLM, Avianca and QANTAS), and Mexico’s biggest and flagship airline before ceasing operations on August 28, 2010. The group’s closure was announced by the company’s recently installed management team a short time after the group filed for Concurso Mercantil (Mexican law equivalent to US Chapter 11) and US Chapter 15. On April 4, 2014, a judge declared Mexicana bankrupt and ordered to start selling off the company’s assets to repay the airline’s obligations. The headquarters of the company were in the Mexicana de Aviación Tower in Colonia del Valle, Benito Juárez, Mexico City.
Mexicana de Aviación Tower, the former worldwide headquarters of the airline
In addition to domestic services, Mexicana operated flights to various international destinations in North America, Central America, the Caribbean, South America and Europe (until August 31). Their primary hub was Mexico City’s Benito Juarez International Airport, with secondary hubs at Cancún International Airport, and Guadalajara’s Don Miguel Hidalgo y Costilla International Airport.
Mexicana’s main competitors were Aeroméxico (although the two companies “codeshared” on several routes), and low-cost carriers such as Volaris and Interjet. Mexicana was North America’s oldest airline and the world’s fourth oldest airline operating under the same name, after the Netherlands’s KLM, Colombia’s Avianca and Australia’s Qantas.
In 2009, the Mexicana group of airlines (including Mexicana Click and Mexicana Link) carried just over 11 million passengers (6.6 million on domestic routes and 4.5 million on international routes), using a fleet of some 110 aircraft.
Over the three years prior to folding, the Mexicana group had increased their share of what was a burgeoning domestic market, from around 22% at the beginning of 2007 to somewhere between 28% and 30% for most of their final 12 months. This was achieved through downsizing mainline Mexicana operations whilst ramping up activities at Mexicana Click (originally envisaged as a low-cost carrier) and Mexicana Link (its CRJ-operating subsidiary based at Guadalajara).
After first joining Star Alliance in 2000, Mexicana left the alliance in 2004 before joining Oneworld on November 10, 2009. Mexicana entered bankruptcy protection in August 2010 in an attempt to restructure its business operations. On August 27, 2010, Mexicana announced it would suspend operations indefinitely effective noon August 28, 2010. Its subsidiaries Click and Link have since ceased their operations as well. On February 24, 2012, Mexicana Airlines announced for the first time in this Chapter 11 period that Med Atlantic bought the airline for $300 million.
Technically, Mexicana still operates to this day. According to Begoña López, an official at Mexicana, all international flights not operated by flag-carrier AeroMexico, are still “flown” using Mexicana’s AOC, but “operated” using another airline (e.g., Interjet, Volaris, etc.). This is expected to stop once the U.S. and Mexico sign their open skies agreement.
Mexicana de Aviación
Founded: 1921 96 years ago
IATA code: MX
ICAO code: MXA
To learn more about Mexicana de Aviacion visit here: https://en.m.wikipedia.org/wiki/Mexicana_de_Aviación