Bankrupt Mexicana de Aviacion’s planned August relaunch has slipped as negotiations with creditors continue longer than expected. The airline in April unveiled plans to relaunch in June, but the date quickly slipped to August as terms of the deal with new owner, Med Atlantica, were finalized. Med Atlantica also initiated talks with the airline’s two largest creditors, Bancomext and Banorte, over outstanding debt. The terms of the creditor deals included the termination of a portion ...
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