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Thursday, May 1, 2008

Mesa Settles Hawaiian Claim for $52M

As part of the settlement with Hawaiian Airlines concerning their long-running lawsuit over Mesa's inter-island flight services operated under the go! brand name, Mesa Air Group, Inc. was able to recoup $37.5 million of the $90 million bond it was forced to post with the United States Bankruptcy Court for the District of Hawaii after Hawaiian won its lawsuit against the regional carrier. Related Story
In yesterday’s announcement, Hawaiian receives $52.5 million and Mesa said it was not admitting any wrong doing. This settlement does not restrict in any way go!'s ability to continue to offer services in the Hawaiian inter-island market, said Mesa.
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