Mesa Air Group Enters New Agreements with United Airlines for Improved Operating and Financing Terms and Provides Update on CRJ-900 Asset Sale Program

January 18, 2024

https://www.globenewswire.com/news-release/2024/01/18/2811975/0/en/Mesa-Air-Group-Enters-New-Agreements-with-United-Airlines-for-Improved-Operating-and-Financing-Terms-and-Provides-Update-on-CRJ-900-Asset-Sale-Program.html

PHOENIX, Jan. 18, 2024 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today announced agreements with United Airlines (“United”) to amend its capacity purchase agreement and certain credit agreements between the parties to significantly improve Mesa’s operating income and liquidity over the next twelve months. The Company also issued an update on its efforts to sell excess CRJ-900 assets to reduce debt and bolster liquidity.

Read more at globenewswire.com

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