Mexican Stock Exchange the entire North of the country, reaching over 100 listings. Soon after, businesses in Guadalajara started organising a third stock exchange, and in 1960, the Occidental Stock Exchange was established to serve the West coast of Mexico. Because of low performance in the Guadalajara and Monterrey stock exchanges, however, Congress passed in 1975 the Securities' Market Law, which prompted the Bolsa de Valores de México to change its name to Bolsa Mexicana de Valores (Mexican Stock Exchange) and merge the other two exchange houses into it, creating thus the single entity that remains to this day the only stock exchange
Mexicana de Aviación and its low-cost competitor, Volaris. On March 4, PC Capital announced that it withdrew from the process leaving Mexicana and the Mexican government without a viable option. Mexicana then announced a plan to offer only charter flights. On November 11, the Mexican government announced that Iván Barona would invest 400 million dollars in Mexicana Airlines. Barona stated that Mexicana would resume operations in December 2011, with an aggressive business plan to regain all the territory lost, beginning with 9 Airbus A320s, and increasing the fleet size to 100 airplanes in 18 months. Barona failed to meet the conditions of the