Cintra SA, Mexico's state-owned airline company that has managed AeroMexico and Mexicana since the mid-1990s and is attempting to privatize them (ATWOnline, Feb. 14), said late Monday that only two bidders remain in the running for the government's shares in the airlines, according to media reports. Hotel operator Grupo Posadas and Grupo Xtra, a holding company run by a Mexican businessman, are the only remaining bidders from 10, including Iberia and Icelandair, that were approved in ...

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