Mesa Air Group signed an agreement with Shenzhen Airlines to create a Chinese regional carrier, yet to be named, that is expected to begin service within the next year operating 50-seat regional jets. As long ago as last spring, Mesa said it was looking to expand to the Chinese mainland (ATWOnline, April 11). The deal is the first of its kind for any US regional. Shenzhen will have a 51% stake in the new carrier with an investment of $32.6 million. Mesa will invest $31.3 million for the ...

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