Mesa Air Group announced a settlement with the former controlling shareholder of Aloha Airlines, Yucaipa Cos., ending the latter's lawsuit against the go! operator (ATWOnline, June 3) and featuring a provision under which Mesa may rebrand its inter-island subsidiary as Aloha "in the near future." Mesa will make a cash payment of $2 million, issue shares of common stock equal to 10% of the current outstanding number, provide "certain" travel benefits to former Aloha employees and license the ...

Subscribe to Access this Entire Article

"Other News - 12/01/2008" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.