Mesa wins legal fight with Delta
From Times Wire Services
Mesa Air Group Inc. won a federal court order blocking Delta Air Lines Inc. from canceling a contract, sending the Phoenix-based regional carrier’s shares up 39%.
U.S. District Judge Clarence Cooper in Atlanta ordered Delta to resume flights by Mesa’s Freedom Airlines unit by June 30. Delta had said it wanted to end the agreement because Mesa hadn’t met performance standards.
Mesa had said it might be forced to file for bankruptcy protection if it lost its legal fight with Delta.
