Mexicana Airlines Friday announced that it’s stopping all flights — starting at midnight — as it seeks to restructure costs. The airline is Mexico’s largest, with hundreds of flights to and from Southern California each month.
Mexicana officials said last year’s swine flu outbreak in Mexico hit the airline hard, scaring away travelers for months. The global economic slowdown, and high jet fuel and labor costs also contributed to its financial troubles.
The airline filed for bankruptcy protection in Mexico and the United States earlier this month. Soon after, it stopped selling tickets and suspended some flights. Before the bankruptcy filing, the company unsuccessfully sought pay cuts for pilots and flight attendants. Labor leaders rejected the proposal.
Mexicana flies to more than 65 national and international destinations, including the United States and Europe. It transported 11 million passengers last year. The airline’s executives have said that the company needs an infusion of at least $100 million to keep flying.
KPCC wire services contributed to this report.