国际英语新闻：Troubled Mexican airline may resume operations

MEXICO CITY, Sept. 23 (Xinhua) -- Investors may restart Compania Mexicana de Aviacion (CMA),the troubled Mexican airline that halted operations in August this year, a union leader said.

Three groups of investors have held meetings with the two related unions,the Airline Pilots Association (ASPA) and Flight Attendants Union (ASSA), ASSA leader Lizette Clavel was quoted as saying by local newspaper Reforma on the website Thursday.

The airline's former owner, hotel magnate Angel Lozada, was leading one of the investor groups, which also include U.S. and Middle East investors, an ASPA official said.

CMA was founded in 1921 and was Mexico's first airline. It suspended operations on Aug. 28 this year due to financial troubles.

Prior to the shutdown, 95 percent of CMA was sold to an investment group called Tenedora K., and the remaining 5 percent was given to unions in exchange for an agreement on payment reduction.

Since Aug. 4 this year, CMA has been trying to work out a plan with debtors, under provisions that allow it to suspend payments for a year.