Content provided in partnership with
Manufacturing Industry
Iberia seeks information on Mexican airline sales
Airline Industry Information, July 28, 2005
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Spanish airline Iberia has requested information on the privatisation of two Mexican airlines, the company said on Wednesday (27 July).
Earlier in July Mexico launched a tender to privatise Mexicana and Aeromexico. However, Iberia said it was concerned about the regulatory restrictions placed on the sale. According to a spokesperson for Iberia, the company wants to have the freedom of management in the privatised airline, otherwise it will not be interested in bidding.
Under the restrictions placed on the tender, both airlines must be controlled by Mexican investors and any foreign investor must join a Mexican-led consortium. The airline holding company Cintra will reportedly take bids for minimum stakes of 51%.
- Most Popular Articles in Business
- Research and Markets : Tesco Plc - SWOT Framework Analysis
- Do Us a Flavor - Ben & Jerry's Issues a Call for Euphoric New Flavors
- eBay made easy: ready to start an eBay business? These 5 simple steps will ...
- Katrina's lawsuit surge: a legal battle to force insurers to pay for flood ...
- Wal-Mart's newest distribution center opened last month near the southwest ...
- More »
((Comments on this story may be sent to aii.feedback@m2.com))
COPYRIGHT 2005 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
Find Research Guides for:
Find Featured Titles for: Home & Garden
Most Popular Articles in Business
- Research and Markets : Tesco Plc - SWOT Framework Analysis
- Do Us a Flavor - Ben & Jerry's Issues a Call for Euphoric New Flavors
- eBay made easy: ready to start an eBay business? These 5 simple steps will ...
- Katrina's lawsuit surge: a legal battle to force insurers to pay for flood ...
- Wal-Mart's newest distribution center opened last month near the southwest ...
- More »