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Troubled Mexicana suspends operations
Mexicana Airlines suspended operations over the weekend, citing its "delicate financial situation." The carrier had been operating under creditor protection in both Mexico and the US since Aug. 3, and a Mexican business consortium called Tenedora K earlier this month acquired 95% of MX's holding company, Nuevo Grupo Aeronautico, in an attempt to rescue it (ATW Daily News, Aug. 24).