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Mexico president says US aviation firm breached Mexicana Airlines contract By Reuters

April 5, 2024
in Business
Reading Time: 2 mins read
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Mexico president says US aviation firm breached Mexicana Airlines contract By Reuters

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MEXICO CITY (Reuters) – SAT Aero Holdings, a U.S. aviation agency employed by Mexico to relaunch state-run airline Mexicana, was accused by President Andres Manuel Lopez Obrador on Friday of breaching its contract, after SAT made comparable prices in a lawsuit towards the service.

SAT is in search of no less than $841 million within the lawsuit filed final month, alleging that Mexicana reneged on its obligations nearly from the beginning.

In keeping with SAT, Mexicana officers did not pay $5.5 million of plane lease deposits, refused to signal paperwork, went round SAT to straight rent pilots and crew educated by the aviation agency, and did not receive licenses wanted to import planes to Mexico and function them.

Nevertheless, Lopez Obrador mentioned it was SAT that “breached the contract it had signed with Mexicana.”

“They don’t seem to be severe folks. That they had agreed to ship the planes by a sure date they usually did not,” he mentioned at a press convention.

Lopez Obrador launched Mexicana final 12 months by reviving the model of a bankrupt service, placing it within the palms of the army.

The lawsuit mentioned Mexicana had tasked SAT with acquiring 10 Boeing (NYSE:) 737-800 plane forward of its launch, which was finally pushed again to December.

© Reuters. FILE PHOTO: Mexico's President Andres Manuel Lopez Obrador gestures during an event to mark the 86th anniversary of the expropriation of foreign oil firms, at PEMEX headquarters in Mexico City, Mexico. March 18, 2024. REUTERS/Raquel Cunha/File Photo

SAT alleged that Mexicana officers “regularly reduce the monetary legs out from below SAT and its personal actions prevented SAT from delivering the planes,” whereas Mexican generals even “threatened” SAT into signing an modification to the contract.

Mexicana is working with three Boeing planes from the army and two Embraer plane rented from a regional service.

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Tags: AirlinesaviationbreachedcontractfirmMexicanaMexicopresidentReuters
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