Mexican Stock Exchange the charter and bylaws of the Bolsa de Valores de México, S.A. (Stock Exchange of Mexico) were approved, and on 5 September, the institution was incorporated. That same year, the National Securities Commission, later renamed National Banking and Securities Commission, was established to supervise the Bolsa de Valores de México. Because of substantial industrial and commercial growth in Mexico mid-century, owing to the rise in the creation of maquiladoras in northern Mexico, as well as the accumulation of capital and the constant creation of new businesses at the time, the Monterrey Stock Exchange was established, and it grew to serve
Mexicana de Aviación first time in this Chapter 11 period that Med Atlantic bought the airline for $300 million. Technically, Mexicana still operates to this day. According to Begoña López, an official at Mexicana, all international flights not operated by flag-carrier AeroMexico, are still "flown" using Mexicana's AOC, but "operated" using another airline (e.g., Interjet, Volaris, etc.). This is expected to stop once the U.S. and Mexico sign their open skies agreement. Formations: 1920s William Lantie Mallory and George Rihl headed Compañía Mexicana de Aviación ("Mexican Aviation Company" or "Mexican Airline Company"), a competitor to CMTA; they acquired the latter's assets in 1924