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CMA's insolvency proceedings admitted

Direct News Source

05-Aug-2010 Today, a District Judge of Mexico City published the admission decree to the Concurso Mercantil petition filed by Compañía Mexicana de Aviación (CMA) on August 2, legally initiating the insolvency petition process aimed to restore CMA’s viability.

In order for CMA to continue operations and to protect the Company, passengers and its creditors, a series of temporary injunction relief measures have been granted to prevent creditors from exercising their rights over the CMA's outstanding debt obligations. Such measures are subject to negotiations with CMA's creditors and unions.

We would like to remind passengers that MexicanaClick and MexicanaLink operate independently of CMA, and are therefore unaffected by this process.

Compañía Mexicana de Aviación would like to reaffirm its commitment to its customers, business partners and employees.