In response to bankruptcy rumors, Canada seizes two Mexicana airplanes
From CNNExpansion.com and El Semanario
The Canadian government yesterday detained two airplanes rented to Mexicana, saying it wants a review of the airline's financial sitution amidst rumors that it intends to declare bankruptcy.
In response, Mexicana criticized the seizure and said it was working with Canadian authorities to clarify the misunderstanding and prevent further disruption to its passengers.
"(...) These actions ... are not properly justified and are a direct reflection of misinformation published in various media," the airline said in a statement.
The airline said all passengers on canceled flights - between Montreal and Mexico City and Calgary and Mexico City - will be rebooked on other Mexicana flights or those of its alliance partners.
Mexicana is holding its shareholders meeting today at which the future of the company is to be determined. The airline, which was privatized in November 2005, encountered financial problems last year as a result of the global economic crisis and the influenza outbreak.
