Another bankrupt airline loses license after all flights called off

Another bankrupt airline loses license after all flights called off highlights how Magnicharters’ collapse led to regulatory action in Mexico. In mid-April 2026, the Mexican vacation carrier abruptly canceled all flights for an initially planned two-week period, later missing a May restart date. The airline filed for bankruptcy protection in Mexico City at the end of May after court documents pointed to both financial trouble and safety-related issues. In the weeks after the shutdown, at least 34 flights were canceled and more than 2,000 passengers were left stranded as authorities coordinated returns using competing airlines. On June 29, Mexico’s Federal Civil Aviation Agency (AFAC) permanently revoked Magnicharters’ air operator’s certificate (AOC) following an extraordinary major inspection held Jan. 12–16, 2026, which found noncompliance with aviation regulations and failed corrective actions. Passenger volumes fell from over 1 million in 2015 to 208,583 in 2025.