08-Jan-2010 12:11 PM
Mesa bankruptcy a long time coming - UPDATE: Mesa gains court approval for motions
Analysis
The US Bankruptcy Court for the Southern District of New York granted numerous motions made the first day of Mesa Air Group's bankruptcy proceeding, including those requesting it be able to pay employees, suppliers and customers, and taxes as well as continue its obligations to secure business operations, cash management, fuel procurement and case management.
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