Mesaba Gains Access To $24 Million In DIP Financing
Mesaba closed on its deal with Marathon Structured Finance Fund for $24 million in debtor-in-possession financing. At the end of September, the airline's cash balances had dropped to $7.6 million from $20 million at the end of March. At one point, the carrier said it was losing about $1 million per...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
