US airline into administration

MESA AIR GROUP, a major regional US airline based in Phoenix Arizona, has filed for Chapter 11 bankruptcy protection.  It said in a statement that it "will continue to operate as normal, without interruption" during the restructuring. "After careful consideration, the company determined that a Chapter 11 filing provides the most effective and efficient means to restructure with minimal impact on the business and our customers," Chairman and CEO Jonathan Ornstein said.  "This process will allow us to eliminate excess aircraft to better match our needs and give us the flexibility to align our business to the changing regional airline marketplace."  It announced neither job cuts nor a timeline for emerging from bankruptcy.  Mesa has in the past worked closely with Delta, US Airways and United Airlines all of whom have cut back with franchised operations. www.mesa-air.com

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