Fobaproa the FONAPRE ("Fondo de Apoyo Preventivo a las Institiciones de Banca Múltiple" or "Fund of preventive support to banking institutions") was founded to preserve the financial stability of banks, with the government having banks as trustees. By 1987, a parallel finance industry had been created with brokering firms, investment societies etc. To continue attracting investors, interest rates increased at the Bolsa Mexicana de Valores, and with the crash in the New York Stock Exchange, the national banking system was deeply affected and another devaluation came as a result. In 1990, in an attempt to prevent situations similar to those of
Mexicana de Aviación by Mexicana and Mexicana Click. The new airline was to be called MexicanaLink and operate in low-density routes to feed mainline operations from Guadalajara's airport. The airline flew Canadair CRJ-200 regional jet aircraft. Also in February 2009, Mexicana applied to the US Department of Transportation to initiate daily, non-stop service between Guadalajara, Jalisco and New York utilizing either an Airbus A319 or the larger Airbus A320. On February 25 Mexicana joined the Airbus MRO network evaluating the Airbus A350. Mexicana filed for Commercial concurs (Mexican law equivalent to US Chapter 11) and US Chapter 15 on August 3, 2010 in