MESA - Mesa Air seeks international growth through European JV

Mesa Air (MESA) entered into a conditional agreement with London-based Gramercy Associates to develop a European based joint venture.JV will apply for a new Air Operator's Certificate ((AOC)) in the European Union using CRJ-900 aircraft with the goal of introducing a Capacity Purchase Agreement or ACMI (Aircraft, Crew, Maintenance, and Insurance) in passenger or cargo services in Europe.Under the agreement, Mesa will own 49% of the partnership once the AOC is obtained; current plan is to begin operations by 2021 end.

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Mesa Air seeks international growth through European JV