Mesa Air Group might be able to exit Chapter 11 bankruptcy protection after brokering a contract extension with US Airways, although the agreement fails to meet all of the criteria included in the regional carrier’s proposed plan of reorganization. Under a tentative accord signed late Oct. 17, US Airways has agreed to extend Mesa Air’s current Bombardier CRJ900 contract by 39 months to September 2015. This arrangement keeps 38 aircraft in operation beyond the initial contract’s 2012 ...
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