Mexican airline Compania Mexicana de Aviacion, North America's oldest airline and the world's third oldest airline, on Wednesday suspended ticket sales after filing for creditor protection a day earlier.
On Monday morning, Aerolineas Argentinas resumed its service to New York's John F. Kennedy International Airport after a 5 year break. The service will operate daily using Airbus A330-200 aircraft.
It has long been obvious that, short of a miraculous reduction in its labor and debt costs and an increase in revenue, American Airlines needed to restructure its costs in Chapter 11 like every other US legacy carrier had befor...