October 8, 2010
Ixe does not plan to continue in Grupo Mexicana de Aviacion’s restructuring
Ixe does not plan to continue in Grupo Mexicana de Aviacion’s restructuring process, it says. The bank had previously said it was considering a small stake in the airline, if it was able to successfully reorganize its finances and resume operations. Bankrupt Mexicana stopped operations earlier this year, with holdco Tenedora K, a company formed by Mexico's Grupo Industrial Omega and Grupo Arizan, buying control from owners including Ixe.