Today we will look at what happened to Mexican low-cost carrier TAESA Lineas Aéreas and why it ceased operations after only 12 years. Headquartered at number 27 of hangar zone C at Mexico City International Airport (MEX), TAESA (Transportes Aéreos Ejecutivos S.A.) was established on April 27, 1988.
Owned by Carlos Hank González and legally represented by Alberto Abed Schekaiban, the idea was to create a private business jet charter airline. The business plan, however, soon changed,…