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Mexicana Airlines (MX) was the oldest airline in North America before it ceased its operations on August 28, 2010. During its time of operation, the airline operated scheduled domestic and international flights across South America, North America, Central America, Caribbean and Europe. In early Aug 2010, Mexicana Airlines entered into bankruptcy protection and announced the suspension of its operations till Aug 28, 2010. On Feb 24, 2012, Mexicana Airlines made the statement that it had been acquired by Med Atlantic for $300 million.