will be formed as a ZEC Entity which qualifies it for reduced Corporate Income Tax rates ranging from 1% to 5% and will be exempt from the E.
Angel Celorio, leader of the former TAESA
workers union, said Lineas Aereas Aztecas intends to hire most of TAESA
's former employees.
, dubbed "the ValuJet of Mexico," fired nearly 100 flight attendants following their vote to join ASSA, Mexico's largest flight attendant union.
The complaint against TAESA
was brought before NAO by the Association of Flight Attendants (AFA) in cooperation with a Mexican flights attendants` union.
flight attendants are represented by the Sindicato Nacional de Trabajadores y Empleados de Taesa (SNTETA) and not by ASSA.
requires about USD130m in order to restructure its USD380m debt and suspended operations due to an investigation into the carrier's safety following a crash in November 1999 that killed 18 people.
While Mexico's financial picture has not been very bright for the past several weeks, the situation has improved and TAESA
is in excellent fiscal shape," said Pierre Murphy, U.
63 percent, due to the suspension of operations by TAESA
, a Mexican airline that targeted mostly low-cost passengers.
9 crash of a TAESA
aircraft in Michoacan state, which brought greater attention to the airline's repeated violations of Mexico's commercial- aviation laws.
MEXICO CITY, April 20 /PRNewswire/ -- Captain Alberto Abed, president, TAESA
Airlines, accepted an offer of an additional block of stock which will give him controlling interest of the airline.
Lawyers for the bankrupt Mexican airline TAESA
say the sale of its assets cannot yet go ahead because an appeal has been lodged against the bankruptcy order.
2/14/00), American, America West, Delta, Southwest, United/Shuttle by United International Scheduled Service: Martinair, Mexicana, TAESA
International Charter Service: Corsair Major Cargo Carriers: Airborne Express, Ameriflight, BAX Global, Emery Worldwide, FedEx, United Parcel Service Number of Daily Departures: 227 (64 are all-cargo flights) Passenger Facilities: Two terminals (429,000 sq.