- MESA has finalized an agreement with Fokker Services, Inc., a part of the Stork Aerospace division for the sale, management, and repair of its DHC8-200 spare parts inventories.
- Fokker Services will immediately pay Mesa approximately $3M in cash for the spare parts and will manage and repair the inventory for Mesa's fleet of 16 DHC8-200 aircraft at a flat hourly rate based on fleet flight hours.
In addition, Mesa will receive approximately $1.6M in the form of deferred monthly fee payments under the component maintenance agreement.

Other headlines for [MESA]

• MESA 12/16/2008 12:16pm
  Mesa Air Group Inc. Delays annual report filing, guides 2008 loss "less than 2007 loss"- Certain information required in MESA's Annual Report on Form 10-K for the year ended September 30, 2008 could not be provided more...
  
• MESA 12/15/2008 07:15am
  Mesa Air Group Inc. Reports Nov Load Factor 63.9% v 70.4% y/y- ASMs +17.06% y/y - RPMs +16.35% y/y
  
• MESA 12/10/2008 05:47pm
  Mesa Air Group Inc. Pilots Ratify New Contract- This new collective bargaining agreement will provide Mesa pilots with immediate scheduling and quality-of-life improvements, including a true definition of scheduled or more...
  
• MESA 12/2/2008 07:02am
  Mesa Air Group Inc. Signs DHC8-200 parts and component maintenance agreement- MESA has finalized an agreement with Fokker Services, Inc., a part of the Stork Aerospace division for the sale, management, and repair of more...
  
• MESA 11/30/2008 06:06pm
  Mesa Air Group Inc. Settles Aloha Lawsuit and Agrees to Enter Long Term Licensing Agreement- Mesa to make a cash payment of $2M. - Mesa will issue shares of Mesa common stock equal to 10% of its currently outstanding more...
  

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