Mexicana de Aviación

When the Mexican government decided to sell the airline, Citibank formed an investment group with TMM, Televisa, and the bank itself; the current executives of ZIMMA evaluated the transaction and structured a possible offer for 100% of the company.

Because of the company’s payroll situation, the investors made the decision not to make an offer.

Sell-side advisory

Activity: Air transportation of passengers and cargo

Year 1989