Transportation Industry

Company Watch - Mesa Air Group

AirGuide Business, Dec 8, 2008

Dec 7, 2008

Regional carrier Mesa Air Group may soon begin inter-island flights in Hawaii under the name Aloha Airlines. Yucaipa Cos., the former majority shareholder of Aloha, says it will license the Aloha name for $2 million and roughly 2.7 million Mesa shares. The deal, part of a lawsuit settlement reached between Mesa and Aloha, still requires bankruptcy court approval. Dec 2, 2008

A Honolulu judge has temporarily blocked an effort by Mesa Air Group to re-brand its inter-island carrier as Aloha Airlines. Because many former workers at bankrupt Aloha blame Mesa for their employer's demise, U.S. Bankruptcy Court Judge Lloyd King said the sale of the Aloha name would be insensitive. King said he would continue the matter until until Feb. 19 in order to hear further comments from both sides. Dec 5, 2008

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