Mesa Air will seek to dispose of 77 excess aircraft from its current fleet of 130 airframes under the Chapter 11 reorganization filed yesterday. The company, which operates regional aircraft for Delta, United and US Airways, in a court filing explained that the loss of key contracts with these carriers has burdened it with aircraft leases – and associated costs – that are unsustainable. “As currently configured, the fleet is too large for the debtors’ [Mesa Air’s] operations,” said ...

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