Friday, January 7, 2011

Mesa and Bombardier agree to dissolve CRJ700 order

Mesa and Bombardier have reached an agreement to terminate Mesa's obligation to purchase 10 70-seat Bombardier CRJ700 jets.

The agreement is part of Mesa's Chapter 11 reorganization proceedings that began roughly one year ago. A hearing in the bankruptcy court to approve the amendments to a master purchase agreement between Bombardier and Mesa absolving the carrier of its requirements to buy the aircraft is scheduled for......

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