{"id":94691919,"date":"2011-02-23T10:44:00","date_gmt":"2011-02-23T10:44:00","guid":{"rendered":"http:\/\/www.cheapoair.com\/miles-away\/mexicana-airlines-awaiting-approval-on-200-million-investment\/"},"modified":"2011-02-23T10:44:00","modified_gmt":"2011-02-23T10:44:00","slug":"mexicana-airlines-awaiting-approval-on-200-million-investment","status":"publish","type":"post","link":"https:\/\/www.cheapoair.com\/miles-away\/mexicana-airlines-awaiting-approval-on-200-million-investment\/","title":{"rendered":"Mexicana Airlines Awaiting Approval on $200 Million Investment"},"content":{"rendered":"<p>\n&nbsp;\n<\/p>\n<div style=\"text-align: center\">\n<img loading=\"lazy\" decoding=\"async\" src=\"\/miles-away\/wp-content\/uploads\/files\/2011\/2\/Mexicana.PNG\" alt=\"Approval on a\n$200 million investment could revive the bankrupt airline\" title=\"Approval on a $200 million investment could revive the \nbankrupt airline\" width=\"450\" height=\"340\" \/>\n<\/div>\n<div style=\"text-align: center\">\n<strong>Mexicana expects approval on the $200 million investment <\/strong>\n<\/div>\n<p>&nbsp;<\/p>\n<p>\nBankrupt carrier Mexicana Airlines is awaiting government approval on a $200 million private investment that could help revive the company.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nReports indicate that the airline, whose controlling shares were acquired yesterday by PC Capital SAPI, will liquidate its current workforce and restart operations completely following approval of the investment.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nMexicana is expected to eventually re-hire about 4,000 workers.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nThe airline ceased operations last August after filing for bankruptcy protection in both the United States and Mexico. Before bankruptcy, Mexicana was Mexico&rsquo;s largest airline, with over 65 national and international destinations.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nThe airline carried nearly 7 million passengers in 2009, its last full year of operation.&nbsp;\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\n<em>Source: <a rel=\"nofollow\" href=\"http:\/\/www.bloomberg.com\/news\/2011-02-23\/mexicana-airline-expects-to-get-200-million-investment-after-approvals.html\" target=\"_blank\">Bloomberg <\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Mexicana expects approval on the $200 million investment &nbsp; Bankrupt carrier Mexicana Airlines is awaiting government approval on a $200 million private investment that could help revive the company. &nbsp; Reports indicate that the airline, whose controlling shares were acquired yesterday by PC Capital SAPI, will liquidate its current workforce and restart operations completely [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-94691919","post","type-post","status-publish","format-standard","hentry","category-other"],"_links":{"self":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/94691919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/comments?post=94691919"}],"version-history":[{"count":0,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/94691919\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/media?parent=94691919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/categories?post=94691919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/tags?post=94691919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}