The state has just paid almost 817 million pesos (more than 40 million 800 thousand dollars), Fausto Guerrero, leader of the Association of Retirees, Workers and Former Workers of Mexicana Aviation, told La Jornada daily.

The transaction took place at the Ministry of Labor and Social Welfare, and was attended by the unions and labor authorities, as well as the bankruptcy trustee.

Finally, Mexicana will fly again, now under the administration of the Ministry of National Defense. We accepted President Andres Manuel Lopez Obrador’s offer for the whole package: the brand, a training center and two buildings, one in Guadalajara and the other in Mexico City,” Guerrero said.

He added that the money from the transaction is considered as part of the settlement of the former workers, who originally numbered 8,500 and 650 retirees. The settlement amounts to approximately nine billion pesos (450 million dollars).

Evidently, given the fact that there are not enough assets to cover the debt, these 817 million will be distributed among the former employees, explained the union leader.

The important transaction was signed by representatives of the Mexican Aviator Pilots Union Association, the Flight Attendants Union Association, the National Union of Transport, Transformation, Aviation, Services and Similar Workers, the Coalition of Trust Employees, and the Secretary of Labor Luisa María Alcalde, among others.

On August 28, 2010, the airline’s last flight departed from Mexico City International Airport to Toronto, Canada.

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