Mesa Air Files for Chapter 11 Bankruptcy

Summary


Mesa Air Group Inc., the Arizona carrier that says it leased more planes than it needs, filed for bankruptcy protection Tuesday and will continue operating throughout its restructuring.

Mesa Air, based in Phoenix and founded in 1982, listed assets of about $975 million and debts of almost $869 million owed to as many as 10,000 creditors, according to court filings. The company said it serves 127 cities in 41 states in North America.

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Extract


Mesa Air Files for Chapter 11 Bankruptcy

Mesa operates four da...

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