Mesa Air Group will file for bankruptcy by July 20 if Delta Air Lines is allowed to terminate its service agreement with the Phoenix-based regional, according to a report by the Associated Press. "We are prepared to file for bankruptcy," Mesa President and COO Michael Lotz reportedly told a US district judge at an Atlanta hearing Tuesday. Mesa is seeking an injunction to prevent DL from canceling its contract with Mesa subsidiary Freedom Airlines (ATWOnline, May 23). Lotz warned that if the ...

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