MEXICO CITY (Reuters) – The Mexican government signed a deal with several aviation unions Friday to purchase the brand of the defunct Mexicana airline for 733 million pesos ($38.3 million), a union spokesman told Reuters.
The deal includes rights to use the airline’s brand and the purchase of two buildings and a technical training center, spokesman Jose Alonso said in an interview. A time-frame for the payment has yet to be agreed upon, he added.
($1 = 19.1270 Mexican pesos)
(Reporting by Kylie Madry; Editing by Sarah Morland)
