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Delta, Mesa Air Settle Bankruptcy Claims

Law360 (January 5, 2011, 2:32 PM EST) -- Bankrupt regional airline Mesa Air Group Inc. has reached a settlement with Delta Air Lines Inc. over various lawsuits stemming from agreements between the carriers and operations they shared.

Pursuant to the settlement, Delta will have the amount of its claims in Mesa’s bankruptcy reduced from $68 million to $7 million, according to a motion filed Tuesday in the U.S. Bankruptcy Court for the Southern District of New York.

"Delta has resolved all claims with Mesa, and is pleased these disputes have come to a close,"...
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