Mexican President López Obrador accuses SAT Aero Holdings of breaching its contract to revive state-run airline Mexicana, while SAT sues Mexicana for $841m.
Mexican President López Obrador accuses US aviation firm SAT Aero Holdings of breaching its contract with Mexico to revive state-run airline Mexicana. SAT is suing Mexicana for $841m, alleging Mexicana failed to meet obligations. López Obrador counters that SAT failed to deliver planes as agreed. Mexicana is currently operating with military and rented planes, initially seeking to acquire 10 Boeing 737-800 aircraft through SAT.
April 05, 2024
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