06-Jan-2010 4:16 PM
Mesa bankruptcy a long time coming
Analysis
Mesa's bankruptcy filing yesterday was really no surprise, given its two-year spiral and the potential loss of two of its three partners. The 28-year-old company filed for Chapter 11 in the US Bankruptcy Court in the Southern District of New York yesterday morning and plans to restructure, promising to operate as normal, including codeshare agreements with United, US Airways and Delta. Not included in the filing is go!, the company's Hawaiian operation.
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