AFAC permanently revoked Magnicharters’ Air Operator Certificate, ending the Monterrey-based airline’s passenger operations in Mexico effective 29 June 2026. The regulator concluded the carrier failed to demonstrate compliance with technical, operational, and financial requirements after months of oversight following an Extraordinary Major Inspection in January 2026 that identified multiple regulatory violations. This final regulatory step confirms the airline’s financial collapse, leaving approximately 1,000 employees unemployed and triggering labor disputes while intensifying concerns over creditor claims and passenger obligations. Magnicharters is now legally barred from operating any commercial passenger flights in Mexico and cannot resume service even if it restructures, marking the latest AOC revocation in 2026 due to financial issues among operators.