Tuesday, April 26, 2011

Reorganized Mesa Air Reports $1.1-Bil. in Assets as of March 31

FAIRLESS HILLS, Pa. -- Mesa Air Inc. and its reorganized debtor affiliates reported more than $1.1 billion in assets and more than $2.0 billion in debts as of March 31, 2011.

More news on the Mesa case, including the Company's entry into post-effective date settlements with additional counterparties, are in MESA AIR Bankruptcy News, Issue No. 40 published by Bankruptcy Creditors' Service, Inc.

The 14-page newsletter contains stories with these headlines:


[00434] DEBTORS ENTER INTO POST-EFFECTIVE DATE SETTLEMENTS
[00435] DEBTORS' MOTION TO EMPLOY ORDINARY COURSE PROFESSIONALS
[00436] STIPULATION EXTENDING TIME TO DECIDE ON ELFC ENGINE LEASE
[00437] CREDITORS WITHDRAW CLAIMS -- April 2011
[00438] MESA PROFESSIONALS' FEE APPLICATIONS
[00439] MESA AIR POST-CONFIRMATION REPORT -- Jan. to March 2011


A copy of the newsletter can be purchased on-line with a major credit card at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?co_name=MESA|AIR">https://ecommerce.bankrupt.com/bin/ibl_re?co_name=MESA|AIR</a> for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

MESA AIR BANKRUPTCY NEWS tracks the restructuring of Mesa Air Group Inc.

How to Subscribe to MESA AIR BANKRUPTCY NEWS

MESA AIR BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

To continue receiving MESA AIR BANKRUPTCY NEWS, please complete and submit the subscription form at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=MESA|AIR">https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=MESA|AIR</a>

Company: Bankruptcy Creditors' Service, Inc. 
Contact: Peter A. Chapman 
Phone: (215) 945-7000 
Email: peter[@]bankrupt.com

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