BLOG POST OF THE BLOG POST
Normal Tuesday, May 10, 2011
Bunged Up Nose When Wakeup
TERRA.COM.MX p. Editorial Aviacsa
faces at least two obstacles to resume the flight, the debt of around 22 million pesos (mp) has with the International Airport of Mexico City (AICM) and the appeal has brought Grupo Aeroportuario del Pacifico (GAP) against insolvency. The first hurdle could be resolved this week. The other is not as speedy. GAP, Aviacsa's largest creditor with a debt of about 30 million pesos, refused to accept the acquittals at flat rate Airport (TUA), which reduced the amount of the debt at 28 cents per peso.De according to sources national columnists, Aviacsa made A deposit of 2 million pesos to AICM and another 1 million pesos a fuel bill for Association of Flight Attendants of Mexico (ASSA ) this weekend.
see witness
They slow
Aviacsa flight debts
10 / 05/2011 p. REFORM 5 Lilian Cruz The
Aviacsa restart operations not be fulfilled until I reached an agreement with Grupo Aeroportuario del Pacifico (GAP)
International Airport and Mexico City (AICM). According to Miguel Aliaga, Investor Relations Director of GAP, Aviacsa must pay the TUA, the fee for using an air terminal and that each passenger pays to the airline when you purchase your airline ticket. Airline sources said they are negotiating with the AICM the 22 million dollars owed, of which 50 per cent as immediate payment required before starting operations. Furthermore, although the airline had already agreed Asur and OMA with installment payments of arrears , the two airport groups that operate terminals Cancun and Monterrey, have questioned the possibility that if they are paid to other airports, they are also pay them. see witness
THE FINANCIAL p. 10/05/2011 Margarita Solis Peña 2-17 The re-entry operations Mexicana and Aviacsa continues air, and their respective bankruptcy proceedings have stalled. On the one hand, Mexicana expects its capitalization and, on the other, Aviacsa has not fulfilled its payment obligations and must await the judge's decision regarding a challenge to its creditors to insolvency agreement. Also, Gerardo Badin, conciliator and manager Mexicana Airlines is considering taking a TG Group of the buying process of the airline for its lack of seriousness, according to the airline. Since November 2010 when the Ministry of Communications and Transport (SCT) announced that PC Capital would be the buyer of the shares in Mexicana, BT Group expressed its disagreement to stay out of the process. Al Capital PC output, BT Group entered the fray.
see
witness
THE FINANCIAL p. 10/05/2011 Margarita Solis Peña 2-17 The appeal of insolvency agreement Aviacsa by eight creditors, including Grupo Aeroportuario del Pacifico (GAP), for non-payment, has helped the airline to remain in land. Miguel Aliaga, director of institutional relations GAP, explained that this group bankruptcy did not sign any agreement regarding the return of the 20 million pesos for the concept of the Airport Passenger Facility Charges (TUA) that the airline owed, considering that the action is property of airports and no service rendered. GAP Aviacsa seeks to recover what they should, not take away.
see
witness
THE FINANCIAL p. 10/05/2011 Margarita Solis Peña 17 Mexicana, has liabilities of more than 17 billion pesos; Has not finalized the new investors are interested, do not have money to rescue (K Holding, Capital PC) Aviacsa, still subject to the Bankruptcy Act, as creditors challenged the negotiated terms, do not have money to pay debts and operate.
see
witness
REFORM p. 10/05/2011 5 Lourdes Mendoza in "Stylish" The
Group placement shares on the BMV Aeromexico presided by Luis Tellez, not only is the return of Mexican airlines to the stock market, but also the formal start of the investment plan announced by "Captain Galán" Conesa few weeks ago for a total of $ 300 million for the following 2 years. It is worth noting that despite the many rumors that several partners, as Mariasun Aramburuzabala, wanted to sell its stake, none did.
see witness
10/05/2011 THE UNIVERSAL p. 5 Alberto Barranco on "Company" The signs point to the possibility
comeback Aviacsa is another banger, ie Madero Group
that the relay would not have or can not have the thousand 900 million pesos that the paper was ready for starting. The airline has 10 days to give abonitos to cover 22 million pesos owed to capital's airport on fuels. It is assumed that banks offered loans do not loose a single penny until the signing of trade agreement so that the orderly bankruptcy process of the company. The case is identical to Mexicana, putting in a vicious circle to the possibility of rescue, with the news that a trap placed the authority itself. see witness
EXCÉLSIOR p. 10/05/2011 4 David Paramo in "Characters of Renown" is idle does not recognize that there are two categories in the domestic aviation, which are viable and that, frankly, only remove space at airports. After the fall of
Mexicana not significantly decrease the number of passengers, nor was an increase of prices which could lead to the conclusion that they were introducing monopolistic practices. Today CMA and / or Aviacsa
may well disappear without anything to pass from the point of view of the air operation. The most evident is the flotation of Aeromexico, which was oversubscribed, curiously, surprised some who just will not understand the sector. This demand has opened the door for Volaris and Interjet accelerate the process to put its shares in the Bolsa Mexicana de Valores. see witness
ECONOMIST p. 10/05/2011 55 The Caddie The iconic brand Mexicana now it disappeared ... Now the words
AXA Insurance occupy the top, since they are the new tenants and are in full removal.
witness see
HISTORICAL p. 10/05/2011 A. Brito July 26 in "Risks and Returns" Good for the role played by the Ministry of Communications and Transport, Dionisio Perez-Jacome
to prevent restart Aviacsa flights without first settling the outstanding debt to the airport Hector Velazquez capital. This intention Add in the Group
Aeroportuario del Pacifico to challenge the competition The airline commercial that would lead to bankruptcy. So things for Hector Madero and its partners are not at all easy in the coming weeks, especially since the Ministry of Communications and Transportation had canceled a Aviacsa the ability to sell tickets and thus cleave any alternative resources. see witness
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