Roberto Hernández Ramírez Mexicana de Valores, S.A. de C.V. (Mexican Stock Exchange) - 1974 to 1979, Director - 1972 to 2003; Member of the International Advisory Committee of the Federal Reserve Bank of New York - 2002 to present; Chairman, Asociacion Mexicana de Bancos (Mexican Bankers Association) - 1993 to 1994; Member, Bolsa Mexicana de Valores, S.A. de C.V. - 1967 to 1986; Director of Citigroup since from 2001 to 2009; Other Directorships: GRUMA, S.A. de C.V. and Grupo Televisa, S.A.; Hernández Ramirez received a bachelor's degree in business administration from the Ibero-American University (1964), co-founded "Acciones y Valores de México (Accival)" in
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