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Mexican govt inks deal to buy Mexicana airline brand for $38.3 mln, union says

Reuters · 01/06/2023 16:13
Mexican govt inks deal to buy Mexicana airline brand for $38.3 mln, union says

- The Mexican government signed a deal with several aviation unions Friday to purchase the brand of the defunct Mexicana airline for 733 million pesos ($38.3 million), a union spokesman told Reuters.

The deal includes rights to use the airline's brand and the purchase of two buildings and a technical training center, spokesman Jose Alonso said in an interview. A time-frame for the payment has yet to be agreed upon, he added.


($1 = 19.1270 Mexican pesos)


(Reporting by Kylie Madry; Editing by Sarah Morland)

((Kylie.Madry@thomsonreuters.com;))