Bolsa de Madrid 9 a.m. to 5:30 p.m.; open outcry from 10a.m. to 11:30 a.m., both Monday through Friday The "Bolsa de Madrid" was officially founded in 1831. In 1993, the Bolsa de Madrid switched to all-electronic trading for fixed-income securities. As required by Spanish law, it is managed and operated by the "Sociedad Rectora de la Bolsa de Valores de Madrid S.A.," a corporation organized under the laws of the Kingdom of Spain. The membership of the Madrid Stock Exchange consists of 41 major financial institutions and 12 established securities dealers. At December 31, 2001, approximately 1477 domestic and foreign companies had
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