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MESA AIR RESTRUCTURING PLAN APPROVED
A US bankruptcy court has approved a restructuring plan for Mesa Air Group, which means the airline is clear to exit chapter 11 bankruptcy protection in February 2011. “Achieving a turnaround of this magnitude in little more than 12 months would not have been possible without the hard work and dedication of Mesa’s employees and the focused execution of Mesa’s Plan of Reorganization by our management team led by Michael Lotz, President and Chief Financial Officer and Brian Gillman, the Company’s Executive Vice President and General Counsel,” said Jonathan Ornstein, Mesa’s chairman and chief executive officer.
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