Mexican Judge Declares Taesa Bankrupt This Week
Taesa, grounded since November, was declared bankrupt by a Mexican judge this week. The carrier had $60 million in assets but sought a three-year period to repay $660 million in debt. The court rejected the plan. The low-fare carrier suffered after a Nov. 9 crash that killed 18.
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
