Former Mexicana Chairman Flees

Gastón Azcárrag, the former owner of Mexico’s oldest airline has reportedly requested asylum in the US after being issued with an arrest warrant for suspected money laundering. Azcárrag is wanted in connection with the collapse of Mexicana in 2010 after the airline was grounded due to its failure to meet hundreds of millions of dollars in liabilities. Mexico’s attorney general’s office reportedly issued an arrest warrant for Azcárrag earlier this year, though it is unclear exactly when. The attorney general office does not comment on arrest warrants, the office said. Originally founded in 1921, several attempts have been made to relaunch Mexicana since it officially ceased operations in August 2010, however none have been successful. Last month, a Mexican court declared the airline bankrupt and ordered the liquidation of its assets. The US Immigration and Customs Enforcement agency has yet to confirm or deny the asylum application.

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