Alma de Mexico suspended operations and filed for bankruptcy last Friday, citing the "crisis" in the industry and global economy. The Guadalajara-based LCC operated 19 CRJ200s and had two CRJ900 NextGens on order (ATWOnline, Aug. 9, 2007). It said "historic" high fuel prices, low occupancy and the peso's fall against the US dollar were key factors in its demise.

Subscribe to Access this Entire Article

"Mexico's Alma shuts down" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.