Mesa Air Group proposes to make US Airways a part owner

Mesa Air Group (Phoenix) is proposing to issue 10 percent of its post-bankruptcy stock to US Airways in exchange for a new US Airways Express contract under its restructuring plan filed September 17 in the U.S. Bankruptcy Court in New York.

Read the full report from Bloomberg Businessweek:


Copyright Photo: Bruce Drum. Mesa’s Bombardier CRJ900 (CL-600-2D24) N919FJ (msn 15019) taxies to the runway at Charlotte.