Mexicana Airlines Suspends Ticket Sales

http://www.nytimes.com/aponline/2010..._r=1&src=busln

This is not the end of the name MEXICANA, but the end of the Company (Compaņia Mexicana de Aviacion, IATA: MX).

The airline Compaņia Mexicana de Aviación (IATA: MX) will still operate flights but will not sell tickets. Instead, Mexicana Click (IATA: QA) and Mexicana Link (IATA: I6) will do the ticket sales and generate the revenues, since they are independent companies with independent Air Operating Certificates (AOCīs). Therefore, what MX will do is try to transfer all remaining assets to QA and I6 and use Chapter 11 process in the US and Chapter 15 in Mexico and slowly liquidate the company. This will take time, so for now MX will only be operating flights.

Ticket sales will be done similar to what Legacy and regional airlines do in the United States. For example, American Eagle (IATA: MQ) operates the flight, but American Airlines (IATA: AA) sells the tickets.